Joseph Pallant on CNBC: NFT's, Blockchain, and Carbon Emissions

”Additional NFT’s or additional transactions on the Blockchain actually don’t directly cause any more emissions because there is a set number of emissions that are happening on the blockchain at any time” - Joseph Pallant

Blockchain for Climate Foundation’s founder, Joseph Pallant, was recently featured on CNBC’s “Squawk on the Street“ for a segment discussing the surging popularity of NFT’s and the rising concern surrounding its carbon footprint. Here, Joseph offers concrete strategies and solutions on how to understand and mitigate blockchain technology’s carbon emissions and ultimately, still meet the targets of the Paris Agreement.

View on CNBC’s “Squawk on the Street” here or simply play the embedded video below.