- Algorand Ecosystem
Carbon Credit Token (CCT) is a cryptocurrency that is backed by regulated carbon credit. Each CCT represents 1 kilogram of European Union Allowance (EUA) – the most traded carbon credits in the world. Through buying and holding CCTs you have an impact on how some of the world's largest polluters do business. Price appreciation in Carbon Allowances will help incentivise Carbon Emitting firms to acquire energy from more environmentally friendly sources. By revolutionizing how consumers can access carbon markets, CCT is making it easier than ever for everyone to participate in the fight against climate change.
To assign a comfort level investing in Carbon Credit from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Carbon Credit.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.