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Toucan, a crypto platform offering carbon offset credits, a market estimated to reach $190B in sales by 2030, is backfiring by incentivizing zombie projects (Bloomberg)

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Bloomberg:

Toucan, a crypto platform offering carbon offset credits, a market estimated to reach $190B in sales by 2030, is backfiring by incentivizing zombie projects  —  Users of a little-known crypto platform called Toucan now account for purchases of more than a quarter of all carbon credits by the world’s largest verifier of offsets.



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