When creating and using power comes to mind, we mainly think of electricity, fuel, and coal. But there is a nasty twin brother that distinguish the good ones from the bad ones.
Power usually produces vast amounts of CO2 gas. The worst is when electricity is generated from coal-fired power plants. It is calculated that one KWh of electricity produced from coal causes up to 1 kg of CO2. For comparison, let´s use this number for “a highly technological activity” – mining cryptocurrencies.
Large Bitcoin mining plants consume up to 40 MW per hour. So, the CO2 emissions would be around 40 tons per hour. Is this high or low? A Boing 737-400 jet produces a quarter ton of CO2 per hour. Bitcoin mining plant pollutes the planet as much as 160 Boings in the sky!
Can we do anything about it? Absolutely. But before we dive into the solution, let´s explain some basic facts regarding this “CO2 thing.”
Carbon Emissions 101
Carbon dioxide is a gas produced by various activities, either caused by man or by natural Earth cycles. While the planet is definitely the biggest pollutant – with natural processes of tree decay, decomposition of flora and fauna in the oceans and similar – we usually consider human actions when thinking about carbon emissions.
For example, when driving a car, the engine produces a certain amount of carbon dioxide that goes into the air as a by-product of burning fuel.
There are also many activities that increase CO2 emissions that we might not know very well. Buying goods, for example. We have to take into consideration all stages, processes, and necessary activities that help selected goods being produced, transported, stored, and so on.
This is why the “awareness movement” is introduced: countries and organizations try to educate people on how much they contribute to carbon pollution with certain activities. Actually, every person could calculate his or her so-called carbon footprint. It is the sum of CO2 emissions that all activities of a person cause; yearly, for example. Environmentally conscious people take responsibility for their actions and consequences.
That is why we buy appliances that consume less power, use less machinery-based products and replace them with human-powered ones (think bike, not car), buy recycled products, and similar.
The same way can we calculate the carbon footprint for a factory, a city, a country…
Industry carbon emissions
Some time ago, LCA (life-cycle analysis or life-cycle assessment) was introduced to become a standard way for monitoring and inspecting CO2 emissions. This is a method to define and measure the cumulative impact of a chosen product on the environment, from raw material treatment to dumping or recycling of the product.
LCA assessment captures not only CO2 emissions during manufacturing, but also during all the pre-production phases and the stages after the product leaves the factory: transportation, storage, usage, repairs and maintenance, and disposal or transformation into some other forms.
Nowadays, factories are forced to decrease their CO2 emissions. If they are too high, the factories pay penalties. The same goes for countries. According to a special agreement, every country has its “number” – the amount of carbon emissions the country can produce without paying a special environmental tax. Consequently, a government is motivated to promote green initiatives among its industries and individuals.
But reducing carbon emissions is not that easy; factories, for example, are fairly limited. After all, they need all the machinery and processes to make money. But there is one other way to decrease carbon emissions apart from switching to the greener alternatives, like putting photovoltaic panels on a roof.
They can add a process that creates less carbon emissions than it is allowed to a product line. That way, they actually reduce the total quantity of CO2. It is not an easy task, but it is definitely doable.
Roberto Hroval and Project Phoenix8: Reducing CO2 Emissions the Smart Way
One of the smartest ways would be capturing the factory´s garbage and transforming it into green electricity. The technology is already built and ready to perform. It is called Product Reincarnation Technology™, or PRT, made by PatentReal Corporation.
It is a big plant that literally transforms garbage into basic ingredients and makes green electricity out of them. “If you wish, you can also reincarnate the original product. For example, if you put waste tires on one side, you get a new one on the other, without emissions whatsoever. The process is also very efficient,” explained Roberto Hroval, who is also the founder and chairman of PatentReal Corporation.
But how effective is this system? The efficiency can be explained using the so-called “negative CO2” amount. This simply means that production creates less CO2 than permitted. “PRT is the king of creating negative CO2,” clarified the founder of the company.
Here is what happens when 50 tons of garbage is transformed into electricity daily. According to LCA, the amount of negative CO2 that a factory can deduct from the cumulative number is around 30.000 tons. After expansion, the plant will be able to transform about million tons of waste yearly, mainly plastic and discarded tires, into electricity. That way, the process will save the environment from around 1.800.000 tons of carbon emission yearly.
Back to Bitcoin, because there is a connection. Product Reincarnation Technology™ will be used in the newest Roberto Hroval´s project, called Project Phoenix8 that will start this year. It is a European factory that will run on PRT. “We decided to go public via digital currency and offer everyone the chance to participate in our green and very profitable project by simply buying PP8 coin on selected crypto exchanges,” said Hroval.
So, there you have it. If you want to contribute to a greener planet and make good money out of it, this might be a decision to consider.