Conversation

SBF

@SBF_FTX

1) A while ago, we promised to go carbon neutral. We've now done that, and more. ftx-climate.com

11:35 AM · Jul 27, 2021Twitter Web App

Replying to

2) To start off with, we've donated $1m to purchase roughly 100k tons of carbon offsets, neutralizing the impact of our blockchain activity: ftx-climate.com/offsets

191

SBF

@SBF_FTX

Jul 27, 2021

3) But our commitment goes beyond that, because in the long run preventing deforestation can't be the full answer: there's only so much deforestation to prevent, and there's a lot more carbon usage than that. So we're *also* funding research into other ways to help.

171

SBF

@SBF_FTX

Jul 27, 2021

4) We're committing at least $1m to permanent carbon capture and storage: ftx-climate.com/carbon-removal and we've given about $500k to other research efforts aimed at mitigating climate change: ftx-climate.com/research