Solar energy generates electricity without emitting greenhouse gases - zero GHG while doing that reduces land and water usage and does not produce harmful air and water pollutants.
The potential benefits of moving even a small percentage of cryptocurrency project's energy usage to green sources are clear. By generating just 10% of the industry's energy from renewable sources, we could potentially offset a significant amount of carbon emissions and help to protect our planet's forests.
Improved public perception
The cryptocurrency industry has been subject to criticism in recent years due to its high energy consumption and perceived negative impact on the environment. By adopting green energy sources, the industry could improve its public perception and demonstrate its commitment to sustainability and environmental responsibility.
Encouraging investment in green technologies
By investing in green energy sources, the cryptocurrency industry could help to drive innovation and growth in the renewable energy sector. This could lead to the development of new and more efficient green technologies, which could benefit the industry as well as the broader economy.
Meeting sustainability targets
Many companies have set sustainability targets, like reducing carbon emissions. By shifting 10% of blockchain energy use to green sources, the cryptocurrency industry can help meet these targets and show commitment to sustainability.