Carbon credits, often referred to as carbon offsets, play a pivotal role in the pursuit of net zero emissions objectives. Although every carbon credit is unique, they all embark on a shared journey, with an identical starting point and a similar lifecycle process. Whether you are actively reducing your own…

California is taking significant steps to address climate change and corporate responsibility with the recent signing of two groundbreaking climate disclosure bills, SB 253 and SB 261. These laws require large companies operating in the state to disclose their value chain emissions and report on climate-related financial risks. SB 253…

In a groundbreaking move earlier this year, Ecuador made a monumental decision that signifies a crucial victory in the global effort to combat climate change. In national elections in August, the nation voted to cease oil drilling in a block of the Yasuni National Park previously designated for oil drilling…

After a summer of record breaking temperatures and soaring heat waves around the world, the excitement (and nerves) heading into this year’s NY Climate Week was definitely sizzling. For those who are unaware, Climate Week is an annual event that takes place in New York City overlapping the UN General…

We are thrilled to share a momentous announcement that has set our community and network abuzz with excitement. Bitgreen is honored to welcome Tiffany Potter as our new Chief Carbon Officer! Her landmark hire signifies a pivotal inflection point in our growth here at Bitgreen, and serves to legitimize the…

From our previous article, “Carbon Credits Explained: A Beginner’s Guide to Carbon Market”, we learned that carbon credits play a vital role in incentivizing emission reductions. However, there has been a heated debate regarding the most effective types of carbon credits, with proponents of carbon avoidance arguing that it is…

The voluntary carbon market has been growing at a record pace in recent years as businesses, governments, and individuals increasingly recognize the importance of transitioning to a net zero economy. With the price of EU carbon permits increasing 400% from 2019 to 2022, and with projections estimating the potential size…

The Voluntary Carbon Market (VCM) has grown 340% in three years. Blockchain will propel this rise even farther. The Voluntary Carbon Market has experienced hyperbolic growth since 2019 as the world grapples with a continuous sequence of record-breaking temperatures. In Part 1 of this series, we shared forecasts for the…

The Voluntary Carbon Market (VCM) has grown 340% in three years. Blockchain will propel this rise even farther. Carbon credits have emerged as the preferred open market tool for companies and nations to reduce their emission of greenhouse gases that contribute to climate change. Carbon credits allow a buyer to…