Technologies
The Mobile Industry Is Increasingly Powered by Renewable Energy
Every industry has a responsibility to reduce its climate impact by lowering emissions. The mobile industry is no different.
What is your mobile carrier doing to combat the climate crisis? It might not be something you’ve thought much about, but with increasing numbers of networks around the world aligning themselves with science-based targets, it’s easier than ever to see if the service you’re paying for is taking genuine action to reduce its environmental impact.
In a report released at Mobile World Congress in Barcelona on Tuesday, mobile industry body GSMA said that nearly a quarter of energy (24%) used by the mobile sector comes from renewable sources, up from 14% in 2020. In addition, 62 carriers globally have now committed to rapidly decreasing their direct and indirect emissions by 2030, representing 61% of the industry by revenue. This is an increase of 12 networks since the previous report published last April.
The GSMA is leading an industry-wide drive to ensure carriers reach net zero emissions by 2050. A key metric it’s using to measure the ambition of its members is their commitment to preventing global warming from exceeding 1.5 degrees Celsius, the science-based target laid out in the Paris Agreement.
With the impacts of the climate crisis — from floods to wildfires to deadly heatwaves — increasingly being felt in regions around the world, there is growing pressure on all industries to prioritize transitioning to clean energy and ensure they’re playing an active role in preserving rather than harming our ecosystems. The mobile industry is no exception, and some networks are doing more than others to alleviate their environmental impact, which could make a difference to where you choose to spend your money.
On the hardware side, phone makers are investing heavily in giving phones a longer life and using more recycled materials in their products. But on the network side, companies are increasingly investing in finding ways to build and operate infrastructure using highly efficient methods that are less energy-intensive than those used in the past.
The biggest challenge for carriers, said John Giusti, chief regulatory office for the GSMA, is access to renewable energy. «The good news is that the industry is moving forward, with operators now directly purchasing 24% of their electricity from renewable sources, up from 18% in 2021 and 14% in 2020,» he said in the report. But with carrier demand outstripping supply, governments need to help expand access to renewable energy, he added.
Europe and North America, two of the regions most responsible for historic emissions, are leading the charge when it comes to ambitious sustainability commitments and actions. «It’s perhaps only fair because it’s parts of the world where they’re the most advanced climate wise, and therefore they have the most capability to actually reduce their emissions,» Steven Moore, head of climate action for the GSMA, said in an interview with CNET the week preceding MWC.
The GSMA’s report looked at actions by mobile operators across the world but called out T-Mobile as an example of a company making great strides to reduce its carbon impact in the US. It’s the first company in the US wireless sector to set a net zero goal validated by the Science Based Target Initiative covering all of its emissions, including those from across the supply chain and indirect emissions from purchased electricity. It’s also one of only a small handful of networks so far to set a net zero by 2040 target, instead of 2050.
Meanwhile, its main competitors, Verizon and AT&T have both aligned themselves with the 1.5 degrees pathway, and Verizon has committed to net zero emissions across the board by 2050. Moore said that he wouldn’t be surprised if networks in many places end up achieving net zero much earlier than 2050. «Once we start to invest, it’s incredible how quickly things can change,» he said.
Technologies
Verum Coin Expands Accessibility with SafePal and HyperPay Wallets
Verum Coin Expands Accessibility with SafePal and HyperPay Wallets
Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.
SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.
HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.
These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.
Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.
Technologies
Verum Coin Now Available for SWAP on Verse.Bitcoin.com
Verum Coin Now Available for SWAP on Verse.Bitcoin.com
Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.
This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.
Key benefits of this feature include:
- Convenience: Simplified conversions for quick asset management.
- Security: Trusted infrastructure for safeguarding digital assets.
- Flexibility: Enhanced trading options for Verum Coin holders.
The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.
About Verum Coin
Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.
Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.
xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.
This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.
About Verum Coin
Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.
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