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Peer-to-Peer, Carbon Markets, Blockchain Shivani Mathur Peer-to-Peer, Carbon Markets, Blockchain Shivani Mathur

Net-Zero 2050

Climate change is a global issue; the adverse effects of air pollution affect our health, lead to extreme weather disasters, and contribute to the destruction of our ecosystem. This news is not new, the climate crisis has been discussed in length for decades. Although we aware of the severity of rising temperatures, we have still seen an increase in the earth’s global temperature of approximately 0.13°C each decade. Industrialized countries, and the people who live within them, have grown accustomed to a specific lifestyle that consists of an abundance of readily available options at the lowest possible price point. Eco-friendly consumption options do not often fit these characteristics and villainizing everyday consumers for not making sustainable decisions pressures people to live outside of their means. Walmart contributed over 17 million metric tons of carbon dioxide equivalent in 2019, and we can see comparable emissions from similar major corporations. However, a low-cost mass production strategy is often the only option for lower income families, especially with the rising cost of living. We can all make small changes, but municipalities and corporations are key to seeing real advancements.

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