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DeepMarkit Commits to Having a Net Negative Carbon Footprint by the End of 2022
DeepMarkit Commits to Having a Net Negative Carbon Footprint by the End of 2022 ...
About this update from Prospect Prediction Markets Inc.
[{"type":"text","content":"\n \n \n \n DeepMarkit Commits to Having a Net Negative Carbon Footprint by the End of 2022\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n The Company Expects to Achieve Net Negative Carbon Emissions via the Retirement of Carbon Credits\n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n May 9, 2022\n \n \n /CNW/ -\n \n DeepMarkit Corp., (\"DeepMarkit\" or the \"Company\")\n \n (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens (\"\n \n NFTs\n \n \"), is pleased to announce the Company's commitment to achieving a net negative level of carbon emissions (\"\n \n Net Negative\n \n \") from its aggregate operations by the end of 2022. The commitment to becoming Net Negative means that DeepMarkit will ultimately offset more carbon than it emits on an annual basis. The Company is planning to become Net Negative by reducing emissions through operational efficiencies and by retiring carbon offsets. The Company expects to acquire the carbon offsets by (i) receiving them as payment for NFT minting services, or (ii) purchasing a necessary amount of carbon offset NFTs minted via MintCarbon.io in the open market, based on certain assumption-driven calculations, and subject to applicable regulations.\n \n \n \n \n \n \n \n \n \n In view of similar announcements made by other companies in the industry, as well as in the context of recent climate data, management has deemed it appropriate for DeepMarkit to become Net Negative. Reversing the effects of climate change not only requires that emissions be reduced, but also that companies and governments go beyond carbon neutrality to reduce carbon dioxide from the atmosphere. Given the nature of DeepMarkit's business and its desire to be a catalyst for helping companies decrease their environmental impact by increasing access to carbon offset credits, DeepMarkit considers it important to make the pledge to offset more than 100% o...