2min chapter

Behind the Money cover image

Blockchain seeks a role in fighting climate change

Behind the Money

CHAPTER

Carbon Credits, Block Chain Technology

Block chain technology could help clean up carbon markets end, in the process, helped by climate change. Or ar crypto bros just cashing in on an environmental trend? Look, i'm goig to be straight with you. Carbon credits, block chain technology, these concepts are not easy to understand. So let's take this one at a time. Why do you need them? Well, some places like california, actually regulate carbon omissions,. They require companies to buy permits and sometimes also carbon credits, to cover their carbon footprint. And that gives an alternative revenue stream. It means you can sell the credits, and you get money for selling the credits, instead of getting money

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