Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset.The “Third Annual … [Read more...] about Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
Carbon
Crypto’s Carbon Footprint Could Hinder Adoption: Deutsche Bank
Due to the carbon footprint of mining operations, some governments and regulators, such as the Chinese, are taking action, the report said. But as the market value of cryptocurrencies expands “people will find a way to mine, trade and use cryptocurrencies, especially in an unregulated market.” Source link … [Read more...] about Crypto’s Carbon Footprint Could Hinder Adoption: Deutsche Bank
UN’s COP26 climate change goals include emerging tech and carbon taxes
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.The 2021 United Nations Climate Change Conference (COP26), where I exhibited my art, took place in … [Read more...] about UN’s COP26 climate change goals include emerging tech and carbon taxes
Klima DAO accumulates $100M of carbon offsets, aims to drive up price
Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100 million.In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea. The Klima DAO protocol aims to increase the price … [Read more...] about Klima DAO accumulates $100M of carbon offsets, aims to drive up price
University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
In an announcement Friday morning, the University of Cambridge announced it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. Its ultimate goal would be to increase the adoption of nature-based conservation solutions, or NbS, such as reforestation, through financial instruments. The institution envisions that purchasers … [Read more...] about University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain