For Polluters
A company wants to offset all its emissions real-time thereby freeing up management time to focus on running the business
With the KKB token, European industrial emitters will be able to offset carbon just-in-time and almost on a daily basis to meet their legal obligations, in a transparent and user-friendly way through blockchain.
Up until now, many SMEs could become liquidity-strapped to the point that they needed to put future production on hold due to cash requirements on meeting their allowances obligations due to fluctuation in EU ETS market prices and lack of planning. Smaller entities in particular often lack the human and financial resources to actively participate in Exchange Traded Markets.
With the delivery of KKB tokens to industries and thanks to the just-in-time bridge-to-offset feature at Kakubi, industrials will be able to easily redeem European Union Allowances while their production is taking place in a typical pay-as-you-go style. Such delivery of KKB tokens empowers the design of the European Carbon Allowances market by providing an additional layer of transparency, helping Europe’s decarbonisation efforts.
Companies can thereby prevent over-production, minimize waiting times and transport costs, save resources by stream-lining production, reduce capital tied up in stock and dispense with the need for EUA inventory operations.
This also allows companies to test the market for novel sustainable products or services as carbon-neutral refinements of existing products or services that are not yet carbon neutral. If the market positively responds, the company may decide to invest in greener technology to optimize its value chain and reduce the need to offset carbon via allowances. These industrials will legally offset their carbon allowances in an effective and transparent form.
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