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Apr 5 โ€ข 21 tweets โ€ข 7 min read
The latest #IPCC report with recommendations on how to deal with #climatechange was released yesterday. Here are some highlights โฌ‡๏ธ ๐Ÿงต 1/20
Once again, it is a massive document, with more than 3000 pages. Part 1 was about the facts, part 2 about the impacts, this one is about answers. The main points are ๐Ÿ‘‡ 2/20
ipcc.ch/report/sixth-aโ€ฆ
๐Ÿ“ˆ GHG emissions are at an all-time high, but growth has slowed down 3/20
โš–๏ธ Emissions are unevenly distributedโ€”the top 10% of households are responsible for 34-45% of todays emissions. 4/20
๐ŸŒฌ๏ธ ๐ŸŒค๏ธ ๐Ÿ”‹ The costs for #renewables (solar, batteries, wind) have fallen dramatically during the last years. We need more. A lot more. 5/20
โšก Electrification is non-optional. 6/20
๐Ÿ’ฐ ๐ŸŒณ #ClimateFinance increased by 60%, but remains below the target of $100 billion by 2020. 7/20
๐Ÿง‘โ€โš–๏ธ Current climate policy measures and pledges are far from sufficient, we need bolder commitments. 8/20
The report contains many, many important details that others will report on today much better than I can. However, there is one area I would like to discuss: The inevitableness of #CarbonRemoval. 9/20
As #emissions continue to rise, the amount of #GHG the world can still release before the planet crosses a very dangerous warming threshold has become alarmingly scarce. Cutting emissions wonโ€™t be enough. We need not only to turn off the tap but also empty the pool. 10/20
We need infrastructure, systems, and policies to suck billions of tons of emissions out of the air. Every year. 11/20
The report makes the following four matters clear ๐Ÿ‘‡ 12/20
1๏ธโƒฃ ๐‚๐€๐‘๐๐Ž๐ ๐‘๐„๐Œ๐Ž๐•๐€๐‹ ๐ˆ๐’ ๐Œ๐€๐๐ƒ๐€๐“๐Ž๐‘๐˜โ€”without significant efforts to eliminate carbon we will find it very difficult to avoid 2 หšC. 13/20
2๏ธโƒฃ ๐–๐„ ๐๐„๐„๐ƒ ๐€ ๐‹๐Ž๐“ ๐Ž๐… ๐‚๐€๐‘๐๐Ž๐ ๐‘๐„๐Œ๐Ž๐•๐€๐‹โ€”Weโ€™re talking about 31 billion tons per year by 2030. 14/20
3๏ธโƒฃ ๐–๐„ ๐๐„๐„๐ƒ ๐€ ๐ƒ๐ˆ๐•๐„๐‘๐’๐„ ๐๐Ž๐‘๐“๐…๐Ž๐‹๐ˆ๐Ž ๐Ž๐… ๐‚๐€๐‘๐๐Ž๐ ๐‘๐„๐Œ๐Ž๐•๐€๐‹ ๐ˆ๐๐ˆ๐€๐“๐ˆ๐•๐„๐’โ€”Nature-based approaches are good for immediate action, but have permanence problems. 15/20
Technology-enabled solutions are just emerging and need to be industrialized immediately to scale. Other variants are untested and need R&D funding. 16/20
4๏ธโƒฃ ๐’๐‚๐€๐‹๐ˆ๐๐† ๐‚๐€๐‘๐๐Ž๐ ๐‘๐„๐Œ๐Ž๐•๐€๐‹ ๐‘๐„๐๐”๐ˆ๐‘๐„๐’ ๐๐Ž๐‹๐ƒ ๐…๐ˆ๐๐€๐๐‚๐ˆ๐€๐‹ ๐€๐๐ƒ ๐๐Ž๐‹๐ˆ๐‚๐˜ ๐ƒ๐„๐‚๐ˆ๐’๐ˆ๐Ž๐๐’โ€”Achieving high levels of carbon removal requires extensive R&D to identify the most effective methods, minimize environmental impacts, andโ€ฆ 17/20
โ€ฆrapidly put large-scale projects into practice. 18/20
To sum it up: We need to explore and fund a diverse range of solutions with billions of dollars every year. And we need bold regulations and visionary commitments to remove as much carbon dioxide from the atmosphere as possible. 19/20
๐‹๐ž๐ญ'๐ฌ ๐ฌ๐ญ๐š๐ซ๐ญ ๐ญ๐จ๐๐š๐ฒ.๐ˆ๐ญโ€™๐ฌ ๐ง๐จ๐ฐ ๐จ๐ซ ๐ง๐ž๐ฏ๐ž๐ซ. ๐“๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐ ๐ก๐š๐ฌ ๐จ๐ง๐ฅ๐ฒ ๐š ๐œ๐จ๐ฎ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ฒ๐ž๐š๐ซ๐ฌ ๐ฅ๐ž๐Ÿ๐ญ ๐ญ๐จ ๐š๐ฏ๐จ๐ข๐ ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฌ๐ญ ๐œ๐จ๐ง๐ฌ๐ž๐ช๐ฎ๐ž๐ง๐œ๐ž๐ฌ ๐จ๐Ÿ ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฐ๐š๐ซ๐ฆ๐ข๐ง๐  ๐ŸŒฑ 20/20
๐Ÿ’š So happy to be on this journey with ๐Ÿ’š@schfrrn @climateXcrypto @ejcwalters @MrJackisch @cyrusofeden @CGeoffWilson @anranga95 @johnx25bd @raphabenoi @senken_io @Philfog @Rebecca_Mqamelo @HajRicky @simple_simon_77 letโ€™s do this ๐Ÿ’ช๐Ÿป

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More from @mr_adrianxyz

Mar 22
If you ever wanted to acquire #carbonoffsets, you've surely faced the question of categorization. Here is an easy taxonomy ๐Ÿ‘‡ ๐Ÿงต
1/ Two weeks ago I highlighted the difference between carbon emission reduction and removal projects.

The idea of #CarbonReduction is to pay others to reduce emissions in your place. But your output remains in the system. One plus zero.
2/ #CarbonRemoval on the other hand scrubs carbon directly from the atmosphere. Plus one, minus one.

But technically, the #carbonmarket makes no difference. A ton is a ton.
Read 17 tweets
Feb 22
Last week, I outlined how crypto could help us with the problems of the carbon market. Today I would like to introduce you to some of the key web3 players ๐Ÿ‘‡ 1/13
Most people probably remember the "Bitcoin consumes a lot of electricity and therefore emits a lot of CO2" discussion from last year. For days, it was Elon Musk's favourite topic on Twitter. ๐Ÿฆ 2/13 Image
And it's true: Bitcoin and Ethereum are energy munching and carbon farting monsters โ€“ until they rely on proof-of-stake consensus algorithms or others, nothing will change. โšก๐Ÿ’จ 3/13
Read 13 tweets
Feb 15
There has been a lot of buzz lately about the interplay or contrast between #crypto and #climate. I think one can help the other! Hereโ€™s why: ๐Ÿงต 1/14
1. ๐Ÿ” Trust and transparency

The most prominent problem with carbon markets โ€“ one of the most effective tools against climate change โ€“ is trust and transparency. The most significant pain points are double-counting (claim) and greenwashing. 2/14
And the issue is not a small one. The financial damage caused by dubious projects runs into billions. Every year. 3/14
Read 15 tweets

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