Net Zero Financing
Good news for those who can afford an electric car or motorbike, the electricity costs for your electric car or motorbike will be free forever — for the life of the vehicle. How could that be?
In the era of Net Zero, which will be echoed by the world at the UN climate change convention in Glasgow — England early next month, it will force the emitting industry to be held accountable for their actions, by sequestering carbon commensurately.
The impact is that the price of carbon credits will tend to move up until Net Zero is reached in 2050. Any efforts to absorb carbon such as planting trees, or reducing emissions such as the use of electric vehicles — will have the potential to obtain high-value carbon credits.
If 1 carbon credit is equivalent to a reduction of 1 ton of carbon emissions earlier this year in the EU ETS (Emission Trading System) the value is 33 euros, nine months later when this article was written the value was 63 euros.
With a value like this and with an increasing trend, it will be possible for those of you who can afford to buy a well-known electric car with an electric power capacity of 54 kWh, for example, to install free charging with a 75 m2 solar panel on the roof of your house, and the electricity is enough to charge the car battery forever — as long as the car is still around.
Who will pay for the installation of the solar energy-based charger? Financial institutions or banks that focus on climate change and sustainability issues, because God willing, this will happen in the Net Zero era soon — so call it Net Zero Financing.
Even though this is financing by a third party, don’t worry, you don’t have to pay it back with your own money, you just have to pay it with a carbon credit that is indeed your right, which you hand over to the third party who finances the solar charger installation in your home above.
Domestically licensed banks or financial institutions can prepare to immediately have products related to this Net Zero Financing, because if they don’t, this opportunity can easily be seized by players from outside who have matured in advance.
If assistance is needed for products related to Net Zero, you can contact us at the Indonesia Net Zero Initiative (INZI) or through this private message.
