Related papers: Global, robust and comparable digital carbon asset…
This paper introduces a comprehensive framework aimed at advancing research and policy development in the realm of decarbonization within electric power systems. The framework focuses on three key aspects: carbon accounting, carbon-aware…
We characterize digital cash as the digital equivalent of physical cash: secure, fungible, decentralized, directly controlled, privacy-preserving; but enhanced with qualitatively new functionality. It is extremely efficiently transferable…
The need to reduce datacenter carbon footprint is urgent. While many sustainability techniques have been proposed, they are often evaluated in isolation, using limited setups or analytical models that overlook real-world dynamics and…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
Carbon accounting is a fundamental building block in our global path to emissions reduction and decarbonization, yet many challenges exist in achieving reliable and trusted carbon accounting measures. We motivate that carbon accounting not…
We propose a high level network architecture for an economic system that integrates money, governance and reputation. We introduce a method for issuing, and redeeming a digital coin using a mechanism to create a sustainable global economy…
Cryptographic tokens are a new digital paradigm that can facilitate the establishment of economic incentives in digital ecoystems. Tokens can be leveraged for the coordination, optimization and governance of large networks at scale in a…
Carbon pricing has become a central pillar of modern climate policy, with carbon taxes and emissions trading systems (ETS) serving as the two dominant approaches. Although economic theory suggests these instruments are equivalent under…
Blockchain technology has spawned a vast ecosystem of digital currencies with Central Bank Digital Currencies (CBDCs) -- digital forms of fiat currency -- being one of them. An important feature of digital currencies is facilitating…
The goal of this report is to provide actionable recommendations for paths to carbon neutrality from MITs largest group of stakeholders, students. In the report, we consider the optimization of emissions reductions, the timescale of…
Stablecoins face an unresolved trilemma of balancing decentralization, stability, and regulatory compliance. We present a hybrid stabilization protocol that combines crypto-collateralized reserves, algorithmic futures contracts, and…
For more than a decade, Bitcoin has gained as much adoption as it has received criticism. Fundamentally, Bitcoin is under fire for the high carbon footprint that results from the energy-intensive proof-of-work (PoW) consensus algorithm.…
Artificial currencies have grown in popularity in many real-world resource allocation settings, gaining traction in government benefits programs like food assistance and transit benefits programs. However, such programs are susceptible to…
Centralized monetary policy, leading to persistent inflation, is often inconsistent, untrustworthy, and unpredictable. Algorithmic stablecoins enabled by blockchain technology are promising in solving this problem. Algorithmic stablecoins…
This work presents a carbon footprint plugin designed to extend the capabilities of the Batsim simulator by allowing the calculation of CO$_2$ emissions during simulation runs. The goal is to comprehensively assess the environmental impact…
This paper presents an analysis of climate policy instruments for the decarbonisation of the global electricity sector in a non-equilibrium economic and technology diffusion perspective. Energy markets are driven by innovation,…
Environmental sustainability, particularly in relation to climate change, is a key concern for consumers, producers, and policymakers. The carbon footprint, based on greenhouse gas emissions, is a standard metric for quantifying the…
The rapid advancement of Artificial Intelligence (AI) has created unprecedented demands for computational power, yet methods for evaluating the performance, efficiency, and environmental impact of deployed models remain fragmented. Current…
Stablecoins serve as the fundamental infrastructure for Decentralised Finance (DeFi), acting as the primary bridge between fiat currencies and the digital asset ecosystem. While peg stability is well-documented, the structural role…
Scientific workflows facilitate the automation of data analysis, and are used to process increasing amounts of data. Therefore, they tend to be resource-intensive and long-running, leading to significant energy consumption and carbon…