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Singapore Launches MAS Sustainability Report to Lead Green Push


Jun 09 2021, 3:31 PM
June 09 2021, 9:14 AM
June 09 2021, 3:31 PM
(Bloomberg) The Monetary Authority of Singapore released its inaugural sustainability report, laying out its battle plan to green the city-state’s finance sector and lead the energy transition in Asia.
(Bloomberg) The Monetary Authority of Singapore released its inaugural sustainability report, laying out its battle plan to green the city-state’s finance sector and lead the energy transition in Asia.
The report, which consolidates previously announced policies by the central bank, highlights Singapore’s support in the fight against climate change by eliminating harmful emissions globally by the middle of the century. Those efforts include testing the climate resilience of its official reserve investments and deploying $1.8 billion to five asset managers as part of its Green Investments Programme. ....

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Elon Musk Is Pulling Bitcoin Where It Loathed to Go


Elon Musk Is Pulling Bitcoin Where It Loathed to Go
Jun 05 2021, 7:52 PM
June 05 2021, 5:30 PM
June 05 2021, 7:52 PM
(Bloomberg Opinion) Bitcoin uses a lot of electricity. So do electric cars, space travel and civilization in general, but few things burn energy so shamelessly.
(Bloomberg Opinion) Bitcoin uses a lot of electricity. So do electric cars, space travel and civilization in general, but few things burn energy so shamelessly.
To assuage critics, Elon Musk and Michael Saylor announced late last month that Bitcoin miners in North America had agreed to form the Bitcoin Mining Council, an organization that would promote energy transparency and sustainable mining practices. ....

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