There are approximately 672,000 tonnes of HFC-23 credits within the BCT pool, KlimaDAO’s community has voted to remove them from the pool to improve the quality of contained credits.
Sep 15, 2022 08:00 EDT
SAN FRANCISCO, September 15, 2022 (Newswire.com)
KlimaDAO has announced that it has allocated a limited amount of its treasury holdings to remove the HFC-23 credits from the Base Carbon Tonne pool and “burn” them – an act which means that the environmental benefit of these tokenized carbon credits cannot be claimed by any entity or organization.
HFC-23 carbon credits were phased out from the Verra Registry in January 2014 after they were banned in the compliance markets,…