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
Show threadTheCoin CollaborativeMay 20

@tabmcleo Honestly, 22 million -> 16 million seems barely relevant when the startup cost is 20 billion, never mind the operating costs.

If the best value is $1000/tonne to reduce CO2, we should probably be talking about places like, oh I don't know - public transport - where that $1000 gives actual benefits.

Show threadTheCoin CollaborativeMay 20

@The14 The core problem with "nudge" is it doesn't really change incentives. It assumes that people actually want to act on climate and just needed a push. We've strongly internalized that climate action is sacrifice, and until we can break that link it'll take more than a "nudge".

(Also, big business was probably always going to look the other way).

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
Show threadTheCoin CollaborativeMay 20
@mulberryroad hahaha, and scattering madly every few days when a plane actually has to use it 😁.
Show threadTheCoin CollaborativeMay 20

@meckeringboy.bsky.social The first rule of talking about climate change is don't talk about climate change.

I've heard that advice so often, but I really wonder how good it is. People usually underestimate the support for climate action

Show threadTheCoin CollaborativeMay 20
@mulberryroad It's a beautiful place. Grew up just down the (sea) road from there, I can understand not wanting to leavel
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?