With the earth’s temperatures rising noticeably over the last decade, many people are speculating: “what will the future of our planet be like?”
Both scientist and economist agree that elevated temperatures could have devastating consequences for our environment but equally for the world economies.
Scientist agree, the source of the earths temperature increase is largely due to carbon emissions released from fossil fuels.
Today it is difficult for consumers to understand their impact on climate change. However, based on current research, consumers account for approximately 44% of the earth’s carbon emissions.
Unless humanity can collectively reduce the output of carbon, into the earth’s atmosphere, temperatures will continue to rise.
The future of personal banking is a Carbon Currency. A Carbon Currency will help humanity to effectively manage their impact on the environment.
This research project explored how financial institutions could help manage a Carbon Currency.
A personalized Carbon Tracking Device would be a logical extension of such a system. Such a device could influence consumer transaction behavior and also spur a collective momentum.