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

Humanity is on Thin Ice Says UN Climate Report

The UN Intergovernmental Panel on Climate Change (IPCC) released its 6th Assessment Report with a key message that the planet is running out of...

Will Big Oil Be Forced to Pay for Climate Damages

The U.S. Department of Justice sided with Colorado's local governments, which is the most recent case of a growing wave of governments pushing for...

The EU Net-Zero Industry Act Explained

The European Commission (EC) proposed the Net-Zero Industry Act to ramp up manufacturing of clean technologies in the EU and make the bloc prepared...

Carbon Credits from Efficient Railways

EKI Energy Services Ltd. (EKI) has made a deal to provide consultancy service contracts for the carbon credits project of Kochi Metro Rail Limited...
CARBON INVESTOR EDUCATION

What are Renewable Energy Credits vs. Carbon Credits

Also known as green tag, the use of renewable energy credits (RECs) have been on the rise as entities are looking for ways to...

Wood Vault: a Carbon Storage System to lock CO2 away

Removing carbon dioxide through dead trees and storing it for thousands of years underground is a mission that seems to attract nobody. But a...

How Do Carbon Offsetting Projects Work?

All companies will have to take responsibility for their carbon footprint and carbon offsetting projects are becoming their strong ally.  A business may have already...

Inside Carbon Markets: Problems, Causes, and Potential Solutions

The recent scandals in the carbon markets show that just like other markets with contested reputations, rules are needed that go beyond certification. There should...