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

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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

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

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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.

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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

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SBF

@SBF_FTX

Jul 27, 2021

5) Hopefully we can take another step towards a more sustainable world. Huge thanks to everyone who helped put this together!

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MagicDog.Crypto

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Sam, that's a total waste money, offsetting carbon does nothing more then "off setting". Start funding real Breakthrough tech in quantum energy generation to make 100% clean #carbonfree energy. #Universal #Energy is the future and

@GiGPoW_org

is going change the world.

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Oh my goodness. Carbon credits. Gawd damnit

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That is just 10$/tonne. In Europe the Emission trading scheme certificates called #EUA trade at 53€/tonne. They cover heavy industry, power plants, aviation etc. What do you think is the fair price for a tonne of CO2 emission? Our planet doesn’t care where it is emitted.