Today, it is relatively easy to calculate future climate impact for mature technology, such as land-based wind farms or solar parks. For new technology in the early stages of development, however, it is much more difficult.
ROC is easy. It is to count Return of Climate Impact! Not ROI.
Nysnø Climate Investment has managed to do this amazing thing.
ROC`n roll-out a carbon accounting system and go solar
An example is a company that makes it easier to install solar panels on residential roofs. The company has expanded out from Norway and into Sweden, France, Spain, Italy, Poland, and Germany. The goal is to have solar panels and batteries installed in every single house in Europe by offering the easiest and cheapest way to go solar.
Siri says: How do we calculate the climate return on a initial investment in that company if they are expanding to e.g. Spain. And an even more complex calculation — what is the climate return in 2030? Meaning, how much reduced CO2 can we expect that the technology contribute with in 2030?
To answer this, we calculate how much CO2 is emitted from their daily operations, and from the production and shipping of the solar panels. Next, we calculate and determine the carbon intensity of the power each solar panel replaces with clean solar energy, and what it amounts to in the number of tonnes of CO2. Finally, we estimate how many solar cell installations there are in 2030.
What would the world look like without this company technology? Solar panels would still be installed, but with this technology included in the equation, solar panels are installed faster and, on more roofs, than without them. The question that remains is what added effect the introduction of the unique technology has on a global scale.
Read more from Siri M. Kalvig from Nysnø Climate Investment.
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