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JPMorgan unit developing blockchain-based platform to tokenize carbon credits

Key Takeaways JPMorgan’s Kinexys is partnering with major registries to launch a blockchain platform for tokenizing carbon credits. Tokenization aims to improve transparency, efficiency, and liquidity in the voluntary carbon market. Share this article JPMorgan’s blockchain and digital asset unit Kinexys is developing a new blockchain-powered infrastructure for carbon credit tokenization, according to a Wednesday … Read more

Conservatives and environmentalists say carbon capture is unnecessarily expensive and fails to curb pollution effectively. Here’s what the science says

Power plants and industrial facilities that emit carbon dioxide, the primary driver of global warming, are hopeful that Congress will keep tax credits for capturing the gas and storing it deep underground. The process, called carbon capture and sequestration, is seen by many as an important way to reduce pollution during a transition to renewable … Read more

RichMiner green mining beats Musk’s carbon standards with potential 1.61% daily income

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto mining now consumes more energy than the Philippines, but RichMiner’s AI + green power model promises to deliver 1.61% daily returns. The global energy consumption of crypto mining has exceeded the national electricity … Read more

Alt Carbon scores $12M seed to scale carbon removal in India

From a struggling family tea estate to an innovative climate venture, Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon dioxide removal work in the South Asian nation. The climate-tech startup, which locks away carbon for thousands of years through enhanced rock weathering on farmlands, attracted investment … Read more

Africa Crypto Week in Review:  Zimbabwe Blockchain Carbon Registry, ZAP Africa Rebuilding Trust in Nigeria

Africa crypto news: Zimbabwe launches a blockchain carbon credit registry to boost transparency, while ZAP Africa rebuilds trust in the Nigerian crypto market post-CBEX collapse. Will the proposed 5% U.S. remittance tax drive crypto adoption in Africa? The government of Zimbabwe is looking to use blockchain to re-establish the credibility of its carbon credit market. … Read more

Carbon Revolution’s Record Revenue Ignites Stock Surge: What’s Driving CREV’s Big Day?

Listen up, folks, because the market’s throwing us a curveball today, and it’s got Carbon Revolution Public Ltd. Co. (NASDAQ: CREV) stealing the spotlight! As of this writing, CREV is up 6.29%, trading at $3.04, making it one of the day’s top gainers. Why’s this little Irish auto parts player, known for its snazzy carbon … Read more

Dismantling NOAA Threatens the World’s Ability to Monitor Carbon Dioxide Levels

Even in the best of times, long-term observations can be very fragile. It is difficult to convince funding agencies to put money into long-term observations because, by definition, they are continuations; they have been done before. Most funding entities, from science agencies to philanthropic organizations, want to be associated with exciting, groundbreaking work, and sustained … Read more

RepAir Carbon is making carbon removal machines inspired by batteries

In the span of a decade, direct air capture technology that draws CO2 out of the atmosphere has gone from wildly expensive to somewhat expensive. Companies like Microsoft, which set a target to eliminate its emissions by 2030, is happy to pay more to get the ball rolling. But smaller companies would still balk at … Read more

UK to announce final go-ahead for flagship carbon capture project

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government and Italian energy company Eni will announce on Thursday the final go-ahead for a 38-mile pipeline to gather carbon dioxide from industrial plants around Liverpool and Manchester and bury it offshore.  Two … Read more

Carbon removal startup Holocene bought by oil and gas giant Occidental

Occidental has bought Holocene, marking the second direct air capture startup the fossil fuel company has bought in two years. The deal was executed through Oxy Low Carbon Ventures, a subsidiary of the oil and gas company, for an undisclosed amount. HeatMap first reported the news. Holocene had been racing to advance its amino acid-based … Read more

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