Open AccessProof of Renewable (PoR) the ROBe2 Protocol
Author(s) -
Tom Davis,
Adel Elmessiry
Publication year - 2021
Language(s) - English
Resource type - Conference proceedings
DOI - 10.5121/csit.2021.111710
Subject(s) - renewable energy , environmental economics , incentive , global warming , protocol (science) , non renewable resource , low carbon economy , kyoto protocol , consumption (sociology) , computer science , obligation , natural resource economics , business , climate change , economics , engineering , microeconomics , political science , ecology , law , medicine , social science , alternative medicine , pathology , sociology , electrical engineering , biology
We are at a serious crossroads as it relates to carbon emissions and the condition of our planet. Global conditions are spiraling out of control. Climate change is widespread, occurring extremely fast, and intensifying. The consumption of nonrenewable energy sources is impacting both the environment and the economy in equal proportions. Up to this point society has tried to solve these problems with local solutions but we have fallen short. The missing component to solve the global problem is an alignment of individuals and organizations coming together, taking responsibility, and creating global solutions to meet the goal of being carbon negative by 2050. In this paper, we propose the ROBe2 protocol as the global solution that brings everyone together to solve these very important issues. Renewable Obligation Base energy economy (ROBe2 ) is a protocol attempting to aggregate local renewable energy solutions into a global impact while providing an economically sound framework and allowing the creation of an economic incentive for using renewable energy in place of a fossil one [1].