Token Address "Carbon Token" (CT): 0x55452f4677247a2410F523d8C20f31a26B589e3e 1. Introduction Carbon Token is a blockchain-based digital asset designed to support carbon trading, carbon credits, carbon offsetting, and integration with both voluntary and mandatory carbon markets. This token aims to be a transparent, verifiable, and liquid instrument to facilitate the transition toward a low-carbon economy. 2. Background Climate Change : Greenhouse gas (GHG) emissions are the primary cause of global warming. Carbon Market : Cap and trade mechanisms, carbon credits, and carbon offsets have been used globally. Blockchain : This technology offers transparency, security, and public auditability relevant to carbon trading. 3. Key Terminology Cap and Trade : Emission limits and permit trading system. Carbon Credit : Certificate representing a reduction of 1 ton CO2e. Carbon Offset : Compensation for emissions through green projects. Voluntary Carbon Market : Market for individuals...
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