In the beginning… Paul and Christophe realized that the blockchain provides an ideal platform for a carbon marketplace where people can get paid to remove CO2 from the atmosphere—and ultimately succeed in reversing climate change. It took more than six days, but they eventually put together a team, developed a business plan, and Nori was born.
The bottom line is that we need to remove 1.5 trillion tonnes of carbon dioxide from the atmosphere to get back to safe levels. The Nori team intends to make that happen by connecting people interested in paying for carbon offsets with people who are using any number of methods to remove carbon from the atmosphere. One Nori token purchases one ton of carbon removal credits (CRCs), and the company measures the removal of CO2 and records that information on the blockchain. Ultimately, Nori leverages the power of markets to pay individuals who are innovating in the area of carbon removal and treat the root cause of climate change—too much carbon in the atmosphere.
Today, Ross, Christophe and Paul are sharing the details of Nori’s role in reversing climate change, explaining the company’s principal aims, how Nori addresses the problems associated with current carbon removal markets, and how cryptocurrency figures into their plans. They walk us through Nori’s core values and their current progress in developing the platform. Listen in for the Norigin story and learn how the team is preparing to launch in 2018.
[0:50] Nori’s purpose
[1:17] Nori’s role in reversing climate change
[5:02] The cryptocurrency element of Nori’s plan
[6:49] The problems that Nori addresses
[9:09] Nori’s core values
[12:30] How Nori came about
[25:10] The important issues Nori is working on
[27:39] Nori’s current progress