HomeDeepMarkit NewsDeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io

DeepMarkit Facilitates People Going Carbon Neutral Via MintCarbon.io

DeepMarkit announced that its MintCarbon.io platform can help individuals and families offset their annual carbon footprints to become carbon neutral. This innovative solution is critical in Canada’s commitment to reduce its carbon emissions by 30% by 2030.

Canadians emit about 14.2 tonnes of carbon per person per year. If the average cost of $15/tonne of carbon is applied, an average Canadian can offset their annual carbon footprint for $213.

Using the same cost, an average family size of 2.9 people emitting ~30 tonnes/year can become carbon neutral for a reasonable cost.

Via MintCarbon.io, DeepMarkit helps fight carbon emissions by making it easier for people and businesses that want to drive net zero to buy and retire NFT-based carbon credits on the platform.

MintCarbon.io is a web-based ecosystem that facilitates the minting of carbon credits into NFTs, among other features. The NFT minting process for carbon credits is done by confirming and authenticating them on a carbon project registry.

Once the credits’ authenticity is verified, they can then be minted into carbon credit NFT via MintCarbon.io. Once minted, the user can hold, sell or retire their NFTs on a third-party platform.

Read full news release HERE.

Most Popular
LATEST CARBON NEWS

Multi-Billion Dollar U.S. Clean Energy Tax Credits Are Here

President Joe Biden's signature climate legislation, the Inflation Reduction Act (IRA), has sparked a multibillion-dollar market for clean energy tax credits within a short...

Data Centers Power Demand Fuel U.S. Utility Q1 Earnings Discussions

US utility analysts anticipate that discussions on first-quarter 2024 earnings calls will continue to be driven by artificial intelligence (AI) and data center power...

Green Star Royalties Invests $5.6M In NativState LLC for Carbon Offset Portfolio

Green Star Royalties, the world’s first carbon credit royalty and streaming company boasts funding top-notch North American nature-based climate solutions. It’s a joint venture...

Mercedes-Benz Reveals First-Ever Electric G-Wagon

As automakers and suppliers invest heavily in electric vehicle (EV) capacity and technology development, the actual demand for EVs has yet to catch up,...
CARBON INVESTOR EDUCATION

What Is COP28? Key Issues to Watch Out at 2023 Climate Summit

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations...

Climate Disclosure: New Corporate Standards for a Net Zero World

As part of the world’s continued efforts to combat climate change and transition towards net zero, one important piece of the puzzle is new...

Carbon Pricing: Understanding The Economics and Trends of Fighting Climate Change

As global temperatures continue to rise, the urgency surrounding climate policies has intensified, thrusting carbon pricing into the limelight of climate discussions. The race to...

The EU Corporate Sustainability Reporting Directive (CSRD): Key Things to Know

Companies operating in the European Union will have to deal with new non-financial and sustainability reporting requirements starting January 2024 with the EU's Corporate...