TheCoin Collaborative

@thecoincollaborative
4 Followers
2 Following
16 Posts

The world needs more climate action, but it's hard to convince people. So we're making it rewarding instead. Flipping the math on climate change. 🌍

Built in Manitoba. 🇨🇦

#ClimateTech #Fintech #BuildInPublic #offsets

Company Websitehttps://thecoin.io/
Githubhttps://github.com/thecointech/thecoin
TheCoin CollaborativeMay 20
The-14May 20
Nudge theory was all about taking responsibility – but it allowed big business to look the other way
#NudgeTheory #BehavioralEconomics #PublicPolicy #CorporateAccountability #SystemicChange #Economics #SocialPolicy #ClimatePolicy #Governance #Inequality
https://the-14.com/nudge-theory-was-all-about-taking-responsibility-but-it-allowed-big-business-to-look-the-other-way/
Nudge theory was all about taking responsibility – but it allowed big business to look the other way | The-14

Critics argue nudge theory shifts responsibility onto individuals masking corporate power Real change requires systemic policy action not just behavioral nudges

The-14 Pictures
TheCoin CollaborativeMay 12

I posted earlier about carbon offsets being the most cost-effective climate action — despite their well-documented flaws. The New Climate just published an expanded version with the full analysis, which is a vote of confidence in the numbers.

Why it matters: I'm building TheCoin, which makes offsetting free. This argument is why it's the most important thing I can do for the climate.

⬇️ https://medium.com/the-new-climate/in-defense-of-carbon-offsets-a42c20ac9d91

#ClimateAction #CarbonOffsets #Sustainability

In Defense of Carbon Offsets

Carbon offsets are terrible. They are still the most effective tool we have.

Medium
Show threadTheCoin CollaborativeApr 29

The credibility failures are real. So is the $53. The question is whether the second fact should cancel out the first.

Full analysis: https://thecoin.io/#/blog/offsets-effective

TheCoin|Growing a better future

We don't ask you to care more. We just make sure caring pays. Real returns, real offsets, nothing changed about how you live

Show threadTheCoin CollaborativeApr 29

Marginal abatement cost (CO₂ per dollar):

Offsets (random selection): $53/tonne
Heat pump vs gas furnace: $92/tonne
Electric vehicle: $1,000/tonne
Residential solar: infinite*

*Most Canadians live in provinces where grid emissions intensity is already below the lifecycle cost of solar panels.

Show threadTheCoin CollaborativeApr 29
We should honestly criticize the 84% failure rate. And equally recognize the 16% success rate. So we did the math. Taking the worst-case scenario — randomly selecting offsets — how do they compare to other climate actions on CO₂ reduced per dollar spent?
Show threadTheCoin CollaborativeApr 29
The largest recent meta-study (Probst et al) suggests 84% of offsets achieve nothing. I reached out to Dr. Probst directly. That 84% is the average achievement ratio across the sample. The paper can make a very different case than the critics suggest.
TheCoin CollaborativeApr 29

Carbon offsets are terrible. They are still the most effective tool we have. If we truly want to tackle the climate crisis, we need to start treating them as such.

Link: https://thecoin.io/#/blog/offsets-effective

Quick Summary below (1/5)

#CarbonOffsets #ClimateAction #BuildInPublic #ClimatePolicy #ClimateFinance #LongRead

Show threadTheCoin CollaborativeApr 16

Subsidizing portable solar home systems provides a reliable way to reduce CO2 and empowers people where it's needed most.

Read our full audit and review of this project here: https://thecoin.io/#/blog/offsets-solar-lighting-2020 (2/2)

TheCoin|Growing a better future

We don't ask you to care more. We just make sure caring pays. Real returns, real offsets, nothing changed about how you live

TheCoin CollaborativeApr 16

When there is so much going wrong in the world, it can be free to do something right. Here’s a review of one of my favorite #offsets, paid by #TheCoin's yield capture.

One of my earliest memories is of my Dad marking exams by lantern light (pictured). So when we found an offset subsidizing solar lighting in Kenya & Uganda, it was an easy one to support. (1/2)

TheCoin CollaborativeApr 16

Hello #Fediverse! 👋

I’m a software developer based in Lundar, Manitoba 🇨🇦, building #TheCoin, a climate-fintech project that flips the math on #ClimateAction.

Politics and corporate goodwill struggle to address the climate crisis, personal action is hard to scale. That's why I built TheCoin, a system to reward individuals and fund climate projects through verified #offsets.

Looking forward to meeting the #ClimateTech, #Fintech, and #BuildInPublic communities here! 🌍

#Introduction