Bitcoin adoption heats up as climate change wreaks havoc worldwide
As the world continues to warm and face the effects of climate change, what does this mean for Bitcoin, blockchain and the world of crypto? In October 2018, the journal Nature Climate Change made headlines both within the crypto world and beyond after it published a study claiming that within three decades, the carbon emissions of the Bitcoin network alone could push the planet past 2 degrees Celsius of warming — the threshold established by the international Paris Agreement. While additional research has been released since, showing that much of the Bitcoin network actually relies on....
Related News
The Swiss company TRES Group GmbH is launching an exciting and innovative program aiming at adding a solution to the Climate Change challenge. For several months, the FOSTER project has been under development, which aims to mass plant trees around the world for the benefit of increasing carbon dioxide absorption using blockchain technology. Climate the Change is an existential threat requiring participation by all to find and implement solutions to stay below 1.5 degree centigrade global warming. Nature Based Solutions are one form of alleviating CO2 emissions. Forestation and....
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed addressing climate change for the first time. A number of economists and analysts now believe the Fed plans to help President-elect Joe Biden’s transition team print $1.7 trillion for the Democrat’s plan the “Green New Deal.” During World War II and after the stock market....
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal.
ECB Board Member Isabel Schnabel Says Inflation Makes It Difficult for Central Banks to Control Price Pressures — Christine Lagarde Insists Climate Change Needs to Be Taken Into Account
Last June, Euro area....
During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues including climate change.During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various....
In a world of PayPal, Stripe, AmazonPay, and a plethora of options do we still need new payment solutions? Well, we do. With conversations around climate change and the impending environmental disasters surfacing in the past few years, consumers have become more conscious about their consumption habits. The recent IPCC report on climate change says […]