Cryptocurrency platform Gemini recently announced a partnership with Climate Vault as part of “Gemini Green, a long-term initiative to incorporate climate conscious practices into its business. The company is […] making contributions to purchase carbon permits for nearly 350,000 metric tons of carbon as a significant first step on its path to offset its usage of the Bitcoin Network and help decarbonize Bitcoin. More specifically, these carbon permits offset the non-renewable energy consumed by miners on the Bitcoin Network to secure the bitcoin that Gemini custodies.”
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