News > IBM develops tokenized blockchain offering for renewable energy certificates

IBM develops tokenized blockchain offering for renewable energy certificates

05/08/2021 03:24 PM | Click to read full article

IBM announced that it is launching enerT, a new token-based renewable energy certificate solution. Demand is rising for tech solutions that allow organizations to calculate their carbon footprint and assist in creating their ESG reporting. Renewable energy certificates(RECs) make up one part of this.

But an important part. Some argue that carbon offsets are a zero-sum game. In contrast, incentivizing businesses to increase the proportion of renewable energy is undoubtedly a net win.