TERs are measured using the TERbit, our companion in the app that measures and keeps track of all the green activities and alternatives you undertake. Each of these actions and their resulting TERs are verified using blockchain technology to ensure the accuracy of the measurements from your smartphone. To learn more about the TerGo app, click HERE.
What is the TERbit?
The TERbit is our companion in the app that measures and keeps track of all the green activities and alternatives you undertake. It is responsible for adding up that equivalent CO2 savings your actions create, as well as ensuring that your actions are commensurate with what is reported in the app. If you would like to learn more about the TERbit, follow this link.
What is a carbon balance?
Carbon balance is different than a carbon footprint because a carbon footprint is everything you do in daily life in any way that emits carbon at all. Carbon balance refers to how much carbon you have emitted against the baseline average for “business as usual” or the status quo. This is why it is possible to have a negative carbon balance – and easier than you might imagine using the TERbit to gauge your direct and indirect emissions savings.
How does the TERbit measure my carbon balance?
It takes into account all actions against a baseline of “business as usual” or the status quo. For example, if you cycle your usual commute to work it will count the carbon savings against driving – if you work from home you can’t earn TERs for your commute because your baseline does not involve this opportunity to lessen your carbon balance. But don’t worry if you work from home – this is just one small example from thousands of ways you can earn TERs and help reduce your direct and indirect carbon emissions.
TERs are emissions reductions credits that are only awarded when emissions are reduced from an activity or service that replaces a similar one with a lower carbon alternative. The TERbit is the tool used to measure all these reductions and accurately keep track of your carbon balance. It does this by using the information provided to the app, such as distance travelled using your maps data or verifiable info relating to used clothes that were purchased in place of fast fashion products.
The team at TerGo has worked tirelessly to ensure all actions are veritable and that cheating the system is not easy. We made it so the time and energy spent cheating to achieve 1 TER would be better spent actually earning it with greener actions and alternatives.