Can Blockchain Networks Fix Carbon Offsets?

(Coindesk) Projects like Toucan, Regen and Moss say on-chain carbon credits will increase transparency and improve accessibility to the carbon credit market.

Another project, KlimaDAO, aims to bump up the price of carbon credits by tapping into a corner of crypto where memes are gospel, Tesla (TSLA) CEO Elon Musk is king and everyone is on the hunt for sky-high returns. Klima’s pseudonymous founders present Discord-dwelling degens with a question: What if you can save the environment by holding crypto?

From carbon industry veterans and environmental scientists to retail investors and accountants, a diverse group of voices has found its way into crypto’s regenerative finance, or ReFi, movement, with seemingly everyone evincing a different view as to how – and to what degree – crypto can be leveraged to solve the defining crisis of our time.

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