How It Works. Going Green Is Easy With Hop2it
Hop2it has a diversified presence in Australia, Papua New Guinea (PNG), Indonesia, the Philippines, Thailand and has rapidly expanded into the South Pacific Islands starting with Fiji. We are positioned to assist landowners, SME’s and heavy industry with Carbon Credit Unit based farming and financial solutions.
1. Deforestation Avoidance
2. Afforestation Programs
3. Human Induced Carbon
4. Carbon Credit Farming
Hop2it Carbon Farming
The emerging market for carbon credits has two main forms. First, there is the Voluntary Market, which is smaller than the compliance market but expected to grow in the coming years. This market is open to businesses, governments, and individuals. It allows consumers to buy Carbon Credits Units to offset their carbon footprint for a particular activity or on a regular basis.
Carbon projects can be Community-based or Industrial-based. Community-based projects typically involve local groups and are more difficult to certify than industrial-scale projects. These projects also tend to have greater co-benefits, and many contribute to the UN’s Sustainable Development Goals. In addition, community-based projects may trade at a premium compared to industrial-scale projects. Industrial projects, on the other hand, produce large volumes of credits and are easier to verify.
Hop2it As Your Green Partner
Our Hop2it Carbon Abatement Project model is fundamentally a
partnershiip between Hop2it, the Landowners, and any interested party.
The Landowner is the direct beneficiary of the certified Carbon Credit Units while Hop2it is the exclusive asset manager of the Carbon Credits under contract with the Landowner.
Hop2it acts as a bridge between
the Landowner and the Government(s) by utilizing Hop2it’s knowledge and intellectual property to produce, validate, secure and sell the Carbon Credit Units.
International CCU Values
Marketing Your Carbon Credit Units
Hop2it assists Landowners and industry to achieve carbon neutrality or carbon emission reductions by producing new multi-jurisdictional Carbon Credit Certificates with a validity of 25 years. Hop2it provides custom-made solutions that cater to our Landholders specific rural and environmental requirements.
Frequently Asked Questions
1. What is the value of a Carbon Credit?
The price of carbon offsets varies widely from <$1 per ton to >$50 per ton. The price depends on the type of carbon offset project, the carbon standard under which it was developed, the location of the offset, the co-benefits associated with the project, and the vintage year.
2. How long can you hold Carbon Credits?
Depending on the issuing organization or government, carbon offset certificates will expire within two to three years, or five years at the maximum. So carbon credits aren’t meant to be bought and held.
3. Can Carbon Credits be bought and sold?
The carbon market is a marketplace where carbon credits can be bought and sold so that we can reach carbon neutrality or net-zero carbon emissions. It extends to net-zero emissions more generally, including other harmful greenhouse gases (GHGs), such as methane and nitrous oxide.
4. How do companies benefit from Carbon Credits?
Carbon Credits create a monetary incentive for companies to reduce their carbon emissions. Those that cannot easily reduce emissions can still operate, at a higher financial cost. Proponents of the carbon credit system say that it leads to measurable, verifiable emission reductions. Environmental Defense Fund.
5. How are Carbon Credits calculated?
The Carbon Credit limits the emission to one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent (tCO2e) corresponding to one tonne of carbon dioxide. In other words, 1 carbon credit corresponds to 1 metric tonne of carbon dioxide prevented from entering the atmosphere.
6. Will Carbon Credits go up in value?
Average costs of high-quality Carbon Credits supply will rise as volume increases. About 40-60% of credits will cost over US$50 per tonne by 2035 as the figure shows. The price increases will continue after 2035 in most scenarios. This is due to an incremental increase in emissions reductions among businesses.
7. Who can trade Carbon Credits?
Carbon Credits only exist in markets with Cap & Trade regulations. Management teams that emit less than their limit may resell Carbon Credits on the corresponding carbon market.
8. How long do Carbon Offsets last?
Carbon offsets fund projects that reduce emissions elsewhere, such as through planting trees or generating renewable energy. Businesses that purchase offsets are contributing to one of these projects. Once a carbon offset is purchased, it is retired forever and cannot be re-sold again.
9. Is Carbon Credit an asset?
It is a non-monetary asset without a physical form and expected to generate future economic benefits. However, they aren’t held for use in production or supply of goods and services and neither used in administrative purposes or for rent to others. Instead, CER is generated by the generating entity and held for sale.
10. How much can you earn from Carbon Credits?
You receive one CCU for every tonne of Carbon. To put this into context, one hectare of ten-year-old forest might earn anything from 8-24 CCU per year, depending on the tree species. If sold at $35 per CCU, this would equate to around $280-$875 per year.
Emerging Business Opportunities in Carbon Credits
Carbon offsets are a profitable solution for businesses looking to become greener and more sustainable. As the deadline for net zero corporate commitments approaches, more companies are beginning to engage with the carbon credit market. Not only can carbon offsets help meet climate milestones, but they can also provide future investment opportunities for companies.