...
Through this we hope to help provide greater visibility to the oil producers, their investors, government agencies and NGO's involved in reducing methane flaring and leakage. We also hope to create an additional lever, where fuel consumers can actively participate by purchasing emission reduction and methane performance certificates.
The Solution
We propose to use a blockchain oracle, such as Chainlink, to integrate the different sources of data from methane emissions. Several independent sources, such as GGFR, Flaring Monitor, MethaneSat, UNEP IMEO, flare-intel, could be combined with company reported figures to arrive at an answer. A blockchain oracle assigns tokens for each source of data and weighs the data according to the tokens held by its source. It could increase or decrease the tokens for each data source as the data is subsequently validated or refuted.
...
- company voluntary reports/ ERP sensors (gas flaring)
- independent tracking service such as Flaring Monitor
Other Value chain scope 3 tools/services
According to the GHG Protocol Guidance on Upstream Transportation and Distribution, supplier provided carbon intensity is an acceptable metric for calculating GHG emissions and preferred over industry averages and model based figures.
...
CarbonChain is a comparable solution to help organizations assess emission impacts across commodity supply chains. However, it operates as a centralized services, focusing on gathering data into a bigger silo, rather than connecting them.
Active Issues
| Github issues macro | ||||||||
|---|---|---|---|---|---|---|---|---|
|
Resources
Oil & Gas Methane Partnership 2.0
...