Founder of Tron (TRX) Justin Sun has pledged publicly to donating $1 million to Swedish climate activist Greta Thunberg to raise global awareness of the climate crisis.
On Dec. 18 Sun tweeted, in response to late week’s COP25 UN climate conference in Madrid.
COP25 UN Climate Change Conference
The recent COP25 UN climate conference in Madrid has set the record as the longest-ever multilateral climate negotiations. It raised key issues such as setting rules for a new global carbon trading market while adopting new and more ambitious emissions reduction targets.
However, UN Secretary-General Antonio Guterres mentioned apprehension with the results of COP25:
Crypto Twitter Skeptic
Crypto Twitter was marked with contradictions regarding Justin Sun’s support towards Greta Thunberg.
Some have mentioned that the climate change activist doesn’t deserve a mention in the crypto world.
While others are just skeptics towards Greta and her causes:
However, others have dismissed Justin Sun’s move as getting in on the monetization of compulsory carbon credits or a ploy to pump-out the Tron token.
Blockchain For Climate Change
Recently, the International Chamber of Commerce (ICC) partnered with Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. ICC stated that the partnership with Perlin and blockchain-based carbon offset exchange AirCarbon will provide $40 billion for climate projects in the aviation industry.
Kansai Electric Power Co Inc (KEPCO) has extended its trial of a blockchain-powered system for transacting renewable energy credits. Japan that it is extending the trial of a blockchain-enabled renewable energy trading platform by Australian tech firm Power Ledger. The trial is a blockchain-powered system for transacting renewable energy credits.