Climate Pledges vs. Bitcoin Investments: Unveiling the $1.5 Billion Dollar Climate Bomb
Greenpeace USA's new report exposes the financial institutions driving Bitcoin’s climate destruction.
Source: greenpeace.org
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BlackRock Gambling Our Planet With Its Proposed Bitcoin ETF
Greenpeace USA’s forthcoming analysis of major banks and asset managers reveals BlackRock as one of Bitcoin's biggest backers in the financial services industry.
Source: greenpeace.org
President Biden's Proposed Crypto-Mining tax: a Step in the Right Direction
The DAME tax on crypto mining introduced by President Biden is a commendable first step towards addressing the climate and community impacts of this energy-intensive activity– however, it is not a long-term solution. The detrimental effects of crypto mining like that of Bitcoin in particular on the environment and society are widespread and necessitate a fundamental change in its polluting and energy-intensive code it employs. Recognizing and regulating the industry is a positive sign of increasing awareness and resistance to Bitcoin mining's harmful practices but it is only the first step.
Source: greenpeace.org