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To: Vermont Lt
What the heck to they mean in the article by:
"The allocation includes Bitcoin (BTC) and Ethereum (ETH), as well as carbon offsets to maintain a net-zero carbon transaction to deliver on the firm's stated environmental, social and governance (ESG) commitments."

Does that mean this financial firm bought some land with a few trees to assuage themselves of the guilt of the electricity that was consumed to create the crypto?

2 posted on 02/07/2022 12:13:10 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

“Does that mean this financial firm bought some land with a few trees to assuage themselves of the guilt of the electricity that was consumed to create the crypto?”

Worse than that. There are firms who arrange with landowners to place carbon credit easements on their trees. Others then buy credits from them.


4 posted on 02/07/2022 12:16:13 PM PST by bk1000 (Banned from Breitbart)
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To: Tell It Right

I didn’t say they weren’t libs…just that they were adding crypto. Lol.


5 posted on 02/07/2022 12:17:49 PM PST by Vermont Lt
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