The pandemic year ends with a tokenized carbon cap-and-trade solution

Cointelegraph

Published Dec 27, 2020 04:27AM ET

Updated Dec 27, 2020 06:00AM ET

It has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for CO2 levels, which have made worse a terrible COVID-19 pandemic that has led to unprecedented worldwide lockdowns that have rapidly pushed the economy toward digitization.

Related: How has the COVID-19 pandemic affected the crypto space? Experts answer

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Selva Ozelli, Esq., CPA, is an international tax attorney and certified public accountant who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD.

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