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  / Stian Reklev /  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.


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