Can Blockchain Carbon Offsetting Save the Planet?

SARAH ROTHRIE One of the major criticisms of Bitcoin is that mining consumes such a vast amount of energy, it must have a negative impact on the environment. While Bitcoin and crypto mining are not necessarily the worst culprits in terms of energy consumption, climate change concerns are real. Humans aren’t doing enough to save the planet we’re destroying. Carbon credits and carbon offsetting may offer a solution, however. The tokenization of carbon assets could provide a way to make these practices more mainstream and effective. Climate Change and Greenhouse Gases Despite high-profile deniers who shall not be…

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