Environment – Page 3

ECB official proposes ban on tokens with an ‘excessive ecological footprint’

EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.

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Island nation turns to metaverse to preserve its disappearing heritage

The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change.

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Climate Change Coalition releases report on blockchain and emerging technologies at the COP 27

Cointelegraph is a member of the network of organizations committed to using blockchain technology for climate action.

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Report: Vast majority of blockchain energy studies ‘lack scientific rigor’

According to researchers, 74% of blockchain energy studies ‘do not build upon existing theories.’

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BIS, UN, Hong Kong Monetary Authority concludes tokenized green bonds trial

Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments.

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Europe moves toward regulatory action on crypto’s environmental impact, energy use

After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years.

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Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold

Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers.

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Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions

According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that “Bitcoin’s environmental footprint is more nuanced and complex” and because of complexity issues it […]

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Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin

The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes […]

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Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake

Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work.

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