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1) Project Name: Reducing Methane Leakage and Flaring through Supply Chain Tokens

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Si Chen is the founder of Open Source Strategies, Inc. and coordinates the Carbon Accounting and Certification WG of the hyplerledger Climate Action and Accounting (CA2 SIG).  He is the author of the open source book, Open Climate Investing, and a co-editor of an upcoming book "Sustainable Carbon Economy with Blockchain: The Role of Oil and Gas Industry in The Energy Transition". 

Woody Moore is currently acting Co-chair of the Climate Action and Accounting Special Interest Group (CA2SIG). He holds a MBA with 10+ years of experience planning and executing Go-to-Market strategies for early stage tech start-ups. He also has expertise in the field of internet governance, where he supports ICANN's (Internet Corporation for Assigned Names and Numbers) multistakeholder decision-making model to help the global community reach consensus around the protocols, standards and policies needed to support the security, stability and resiliency of the internet's Domain Name System.

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  1. Collect and prepare emission data (16 4 weeks)
    1. Select a set of typically of oil/gas well and gather relevant data, sourced from company reports, independent sources, (Flaring Monitor), sensors, or simulated.
    2. Create/select a representative model/data set for intermediate processing of oil and gas in a refinery and a power plant to produce a consumer fuel.
    3. Setup up data sources to be storage within a fabric emission channel or IPFS database (Figure 3) 
  2. Build the blockchain oracle (16 8 weeks)
    1. Select an oracle service
    2. Integrate the distributed database (fabric/ipfs) with the oracle
    3. Register "real-world" methane emission data as digital token in the layer 2 NFT contracts.
  3. Construct emission profiles  (16 4 weeks)
    1. Design UI/UX for for constructing and linking emission inventories
    2. Using the NET network compile emission inventories (accounting boundaries) for each facility using the GHG Protocol corporate reporting standard 
    3. Using C-NFT Bridge accounting boundaries following the Value chain (scope 3) reporting standards
  4. Simulate trading of methane performance tokens / CI certificate using C-NFT (4 weeks)

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