Research on the business model of Financing of Capitalized Carbon Quota based on blockchain intelligent integrated energy management and control system

Abstract

The carbon emission trading in China is mainly managed by a centralized system, with too much administrative intervention and a lack transparent trading information. This has led to the inactivity of the carbon trading market. To innovate the carbon market in China and help small and medium-sized carbon reduction enterprises to achieve the “dual carbon” target, the essay firstly launches a research on the intelligent integrated energy control system (including data uploaded to blockchain, data capitalization and carbon pool bank) based on the low-concentration gas treatment project of Shizuishan abandoned coalmine. The system solves the problems of non-transparent data utilization of abandoned coalmine gas and launches the full life circle carbon trace management mechanism for carbon emission and trading. Secondly, based on the energy control system, the Financing of Capitalized Carbon Quota by Blockchain (FCCQB) business model has been proposed for the first time in China to solve the problem of financing difficulties, lack of financing channels and inadequate policy support for small and medium-sized carbon reduction enterprises. The carbon trading market has achieved interconnectivity and high efficiency by the traceable and indispensable characteristics of blockchain. Besides, the FCCQB business model can be promoted in various industrial parks and enterprise gathering areas across the country.