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Reading: Crypto can’t fix carbon offsets — but crypto fans are trying anyway
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Dubai News Club > Tech > Crypto can’t fix carbon offsets — but crypto fans are trying anyway
Tech

Crypto can’t fix carbon offsets — but crypto fans are trying anyway

Press Room
Last updated: 2022/08/18
Press Room
Published: August 18, 2022
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There’s a wonky new attempt to use controversial technology to tackle climate change: turning carbon offset credits into crypto tokens. Both carbon offsets and crypto are hot-button topics in the sustainability game. Crypto mines have been notorious sources of climate pollution, and purchasing carbon offsets is a popular way companies try to absolve themselves of their greenhouse gas pollution, a strategy that has mostly failed in the past. Now, parts of the crypto industry are claiming…

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