Rhode Island proposes crypto rewards for green home builders

2022.05.03 06:50

Rhode Island proposes crypto rewards for green home builders

A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project’s carbon footprint.

The Act would oblige the state’s public utility commission to issue annual reports on the utility costs and carbon emissions of a housing project. If the project has been able to reduce its utility costs, the state will award a cryptocurrency credit to the property owner.

The Green Housing Public-Private Partnership Act in Rhode Island

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