Emission Offset Automation
What it does:
Automatically calculates, purchases, and retires emission offsets based on verified emission data, ensuring real-time and transparent carbon neutrality.
Why it matters:
Eliminates manual offset reporting, prevents double counting, increases trust in carbon neutrality claims, and aligns real-world emissions with verifiable on-chain offsets.
How it works:
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Emission sources (companies, facilities) register emission profiles
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Approved oracles report verified emission data on-chain
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Smart contract calculates required offset amounts
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Carbon offset credits are purchased automatically
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Offsets are retired (burned) on-chain to prevent reuse
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Offset history and balances remain auditable
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Integrates with carbon markets and ESG reporting tools
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.20;
import "@openzeppelin/contracts/access/Ownable.sol";
import "@openzeppelin/contracts/token/ERC20/IERC20.sol";
/**
* @title EmissionOffsetAutomation
* @author Nam
* @notice Automates carbon emission offsetting and credit retirement
*/
contract EmissionOffsetAutomation is Ownable {
IERC20 public paymentToken;
IERC20 public carbonCreditToken;
struct Emitter {
bool registered;
uint256 totalEmissions; // tons CO2e
uint256 totalOffsets;
}
mapping(address => Emitter) public emitters;
mapping(address => bool) public approvedOracles;
uint256 public pricePerTon = 1e18; // example price
// -------------------- EVENTS --------------------
event EmitterRegistered(address indexed emitter);
event EmissionReported(address indexed emitter, uint256 amount);
event OffsetPurchased(address indexed emitter, uint256 tons, uint256 cost);
event OffsetRetired(address indexed emitter, uint256 tons);
// -------------------- CONSTRUCTOR --------------------
constructor(address _paymentToken, address _carbonCreditToken) {
paymentToken = IERC20(_paymentToken);
carbonCreditToken = IERC20(_carbonCreditToken);
}
// -------------------- ORACLE MANAGEMENT --------------------
function approveOracle(address _oracle) external onlyOwner {
approvedOracles[_oracle] = true;
}
function revokeOracle(address _oracle) external onlyOwner {
approvedOracles[_oracle] = false;
}
// -------------------- EMITTER REGISTRATION --------------------
function registerEmitter() external {
require(!emitters[msg.sender].registered, "Already registered");
emitters[msg.sender] = Emitter({
registered: true,
totalEmissions: 0,
totalOffsets: 0
});
emit EmitterRegistered(msg.sender);
}
// -------------------- EMISSION REPORTING --------------------
function reportEmission(address _emitter, uint256 _amount) external {
require(approvedOracles[msg.sender], "Not authorized oracle");
require(emitters[_emitter].registered, "Emitter not registered");
emitters[_emitter].totalEmissions += _amount;
emit EmissionReported(_emitter, _amount);
}
// -------------------- OFFSET AUTOMATION --------------------
function offsetEmissions(uint256 _tons) external {
Emitter storage e = emitters[msg.sender];
require(e.registered, "Not registered");
uint256 remaining = e.totalEmissions - e.totalOffsets;
require(_tons <= remaining, "Exceeds emissions");
uint256 cost = _tons * pricePerTon;
paymentToken.transferFrom(msg.sender, address(this), cost);
// Simulate purchase + retirement
carbonCreditToken.transfer(address(0), _tons * 1e18);
e.totalOffsets += _tons;
emit OffsetPurchased(msg.sender, _tons, cost);
emit OffsetRetired(msg.sender, _tons);
}
}