Canadian issuer is making its Bitcoin ETF carbon-neutral. A carbon credit is an offset purchased by companies and other buyers as one way to reduce their impact on the environment. The work, authored by economists Felipe Avilés, Gabriel Peraita and Camilo Valladares, aims to provide a methodology to study this phenomenon and to provide new analytical tools to support the reduction of CO2 emissions. Whereas ICT represented 1% of the carbon footprint in 2007, it’s already about tripled, and is on its way to exceed 14% by 2040. The Central Bank of Chile published a study measuring the country’s carbon footprint on April 26. ... to figure out a way to ensure that Bitcoin can scale and reach its potential in a sustainable way,” Tapscott said by phone. ... about the energy usage of Bitcoin by dedicating a portion of its crypto ETF’s management fee to offset the fund’s carbon footprint. A Cumbrian museum and art gallery has set “ambitious” environmental targets as it works to reduce its carbon footprint. As buyers make large scale commitments to drastically reduce their carbon footprint, they want to purchase carbon credits - which represent greenhouse gases removed or avoided - to drive environmental change beyond what they are capable of today within their organizations.
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