Climate change mitigation refers to actions taken to reduce or prevent the emission of greenhouse gases into the atmosphere, or to remove them. These efforts aim to lessen the severity of global warming and its associated environmental impacts. Strategies include transitioning to renewable energy sources, enhancing energy efficiency, and implementing carbon capture technologies.
Context
The discussion surrounding climate change mitigation in the digital asset sector primarily addresses the energy consumption of proof-of-work blockchains like Bitcoin. A significant debate involves the potential for blockchain technology to support mitigation efforts, such as tracking carbon credits or facilitating renewable energy transactions. Future developments include innovations in consensus mechanisms, such as proof-of-stake, and the adoption of green energy sources by mining operations to reduce their carbon footprint.
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