CARBON2O2
THE CRYPTO CARBON CREDIT
1 C2O2 Token represents 1 carbon credit
Carbon2O2 invests in new technologies that revolutionize the deployment, sequestering or abatement of greenhouse gases and Co2. The company concentrates its efforts to assist the oil and gas sectors to reduce the industry's CO2 footprint. additionally, a percentage of our proceeds will be committed to the plugins of abandoned oil and gas wells that are releasing greenhouse gases Worldwide.
29 million orphaned wells around the world produce 250 to 450 million metric tons of Co2 a year.
The GWP of methane in the atmosphere is about 28 times CO2 over a 100-year period – but it only lasts for a few years. In addition to being a powerful greenhouse gas, methane has a potential global warming rate of 28-34 times that of carbon dioxide over a 100-year period.
Carbon2o2 will be using a new advanced technology for plugging oil and gas wells, that cuts the time of plugging by 75%.
Cutting methane emissions is the fastest opportunity we must immediately
slow the rate of global warming, even as we decarbonize our energy systems.
It’s an opportunity we can’t afford to miss.
