Ripple joins Crypto Climate deal to eliminate carbon in blockchains

Ripple has joined the Crypto Climate Agreement, an initiative aimed at decarbonizing the digital currency industry.

The list of members also includes CoinShares Investment Company and ConsenSys Atrium Development Studio.

These companies will work to ensure that all blockchains are supplied with green energy by 2025. The aim of this initiative is to reduce CO2 emissions to zero by 2040.

Ripple CEO Brad Garlinghaus claimed in a Twitter statement that the crypto renewal was a bold but practical goal.

"It is a big bold goal for crypto to use 100% renewable energy, but it can be done."

For years, Ripple has shown its greenness by showing that XRP is a pre-extracted currency. Last September, the company also partnered with Energy Web.