“Studies suggest that the total carbon from the Bitcoin network alone could potentially …
Carbon credits are designed to help companies counter their carbon emissions.
This isn’t the first time carbon markets and cryptocurrency have been linked. In his 2020 bestseller “The Ministry for the Future,” science fiction author Kim Stanley Robinson suggested the creation of digital “carbon coins” that would be paid out to anyone who reliably locks down carbon for the next century in what he called “carbon quantitative easing,” in reference to the massive state stimulus that central banks turned to during the 2008 financial crisis.