Asia Pacific > Crypto carbon demand brings back shunned HFC-23 credits

Crypto carbon demand brings back shunned HFC-23 credits

Published 10:07 on December 13, 2021  /  Last updated at 01:41 on December 14, 2021  / /  Asia Pacific, Bavardage, China, International, Kyoto Mechanisms, Voluntary

More than half a million highly controversial industrial carbon credits have been brought on-chain over the past week, as demand created via crypto venture Klima DAO has offered an unexpected path to profit for holders of the units shunned for almost a decade after project owners were found to be cheating.
More than half a million highly controversial industrial carbon credits have been brought on-chain over the past week, as demand created via crypto venture Klima DAO has offered an unexpected path to profit for holders of the units shunned for almost a decade after project owners were found to be cheating.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.