California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts -article
I dunno about all this green-energy nonsense, but it is great to see distributed ledger technology (DLT) fulfilling its promise of crunching out costs. All economic activity that can migrate to blockchain will do so (over time) because of lower costs. Also, it is interesting to see this project launch on RSK (and not on Ethereum's network).
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"The California Energy Commission, the state’s primary energy policy and planning agency, is funding an experimental market for carbon-credit trading on a public blockchain...
The market is part of a $20-million initiative that will track data related to solar panels, energy storage, electric vehicles and charging infrastructure in Bassett, an unincorporated community in Los Angeles County...
The project aims to digitize carbon credit reporting, create opportunities for businesses to redeem credits, and make electric vanpooling cheaper for Bassett residents... "