- Just Energy’s (JE) Terrapass has introduced Terrapass Coin, which allows customers to own, trade or offset their carbon footprint
- Terrapass Coin (TPSC) functions as an ERC-20 token on the Ethereum blockchain
- Terrapass minted one TPSC for every metric ton of carbon offsets reserved for TPSC products
- The environmental benefit from one metric ton of carbon offsets is equivalent to avoiding over 2,500 miles of driving
- Terrapass works toward a more sustainable planet by pursuing solutions to climate change
- Just Energy is a retail energy provider
- Just Energy Group (JE) is up by 0.85 per cent and is currently trading at $1.19 per share
Just Energy’s (JE) Terrapass has introduced Terrapass Coin, which allows customers to own, trade or offset their carbon footprint.
Terrapass Coin (TPSC) functions as an ERC-20 token on the Ethereum blockchain.
Terrapass minted one TPSC for every metric ton of carbon offsets reserved for TPSC products.
The environmental benefit from one metric ton of carbon offsets is equivalent to avoiding over 2,500 miles of driving.
Sam Telleen, Senior Director and General Manager of Terrapass, stated,
“Modernization of the carbon offset transaction is an important step in how consumers address their carbon footprint. Customers want more control over the carbon offsets they purchase in addition to a better connection with the projects they support. By expanding our product offerings with blockchain solutions through TPSCs, we provide customers a new way to buy, sell, trade and use carbon offsets from verified projects when and how they choose.”
Terrapass works toward a more sustainable planet by pursuing solutions to climate change.
Just Energy is a retail energy provider specializing in electricity, natural gas, carbon offsets and renewable energy options.
Just Energy Group (JE) is up by 0.85 per cent and is currently trading at $1.19 per share as of 1:47 pm ET.
