Author: carbonadmin
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How Much Energy Is Renewable?
The amount of renewable energy being used worldwide varies over time and by specific location. According to the International Renewable Energy Agency (IRENA), in 2019, renewable energy sources (excluding large hydro) provided about 26.5% of the world’s total final energy consumption. This includes energy from sources such as solar, wind, geothermal, and bioenergy. Large hydroelectric […]
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How Efficient Is Wind Energy?
The efficiency of wind energy depends on a number of factors, including the size and design of the wind turbine, the wind speed and direction, and the location of the turbine. Wind turbines are designed to capture the kinetic energy of the wind and convert it into electricity. The efficiency of a wind turbine is […]
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How Efficient Is Solar Energy?
Solar energy efficiency has dramatically improved over the last decade. The panel technology, location, and installed angle can impact overall production and consistency. Solar photovoltaic (PV) panels, which are the most common type of solar panels, can have a conversion efficiency of around 15-20%, although more advanced panels can reach efficiencies of up to 24%. […]
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What Are Renewable Energy Credits?
Renewable Energy Credits (RECs) are tradable instruments that represent proof that one megawatt-hour (MWh) of electricity was generated from a renewable energy source. RECs can be bought and sold to help finance the development of renewable energy projects and to encourage the use of clean energy. Usually when electricity is generated from a renewable energy […]
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What Are SDG’s?
The Sustainable Development Goals (SDGs) are a set of 17 global goals adopted by the United Nations General Assembly in 2015 as part of the 2030 Agenda for Sustainable Development. The SDGs are a universal call to action to end poverty, protect the planet, and ensure that all people have the opportunity to live peaceful, […]
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How Are Carbon Credits Valued?
Carbon credits are valued based on the amount of carbon emissions they offset. Each carbon credit represents the reduction or removal of one metric ton of carbon dioxide (CO2) or its equivalent in other greenhouse gases. The value of a carbon credit is determined by a number of factors, including: The type of project: Different […]
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What Is The Paris Agreement?
The Paris Agreement is a international treaty that was adopted in 2015 to address climate change. It is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC), and its goal is to limit global warming to well below 2 degrees Celsius above pre-industrial levels. The Paris Agreement has been signed by nearly […]
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How Much Carbon Do Americans use?
Lifestyle, location, commuting, traveling are some factors that can greatly impact carbon emissions used on an individual level. However, some estimates can provide a general idea of the carbon footprint of Americans. According to data from the U.S. Environmental Protection Agency (EPA), the average American generates about 16.5 metric tons of carbon dioxide equivalent (CO2e) […]
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What Are Carbon Credits? The Role of Decentralized Finance Protocols
If you’re not familiar with the term, carbon credits are a type of tradeable certificate that represents the right to emit one metric ton of carbon dioxide or its equivalent in other greenhouse gases. They can be bought and sold in an effort to offset emissions of carbon dioxide and other greenhouse gases. In other […]