Unlike most of the key players in the market whose projects are based on emission reduction, Net Zero Company focuses on carbon removal projects only.
Reach out
metric ton of CO2 per capita yearly
of the GHG emissions are hard to abate
temperature increase by 2030-2050 if nothing is done
of the emission reduction projects failed to reduce CO2 emissions
Let's take a concrete example to understand better. John needs to take a flight from Madrid to Stockholm. This is a 4h flight, emitting around 1t CO2. To reduce his emissions, John has 3 possibilities: avoidance, reduction or removal
Scenario
John takes a regular flight and invest in a forest preservation project.
Result
This action, even if good for the environment, did not remove CO2 from the atmosphere. As a result, he still emitted 1tCO2
Scenario
John pays a supplement to go on a more efficient flight using less energy.
Result
By doing this, his flight consumes less than with a regular plane. As a result, he emitted 0,5tCO2 instead of 1tCO2.
Scenario
John takes his flight, but invest in a reforestation project.
Result
This action removed 1tCO2 in the atmosphere, balancing completely the 1tCO2 emitted from his flight. As a result, he emitted 0CO2.
A carbon removal project is implemented
NZC buys VCUs, which are certified carbon removal credits. NZC will then issue tokens in an equivalent volume.
Companies or individuals buy the token to balance their emissions
NZC ensures that a corresponding volume of VCUS is retired