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BlackRock’s Bitcoin Bets Are Bad For The Planet
BlackRock, the world’s largest asset manager, is placing a big bet on Bitcoin that could drive up the digital asset’s price and its climate-damaging pollution. Despite pledges to reduce carbon…
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Greenpeace USA Exposes BlackRock and JPMorgan Chase CEO’s Affair With Climate Wrecking Bitcoin through Massive NYC Projections
Greenpeace USA unveiled the climate impacts of Bitcoin investments by financial giants JPMorgan Chase & Co. (Chase) and BlackRock through visual displays projected onto iconic structures in the heart of…
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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. Click here for the full report Washington, DC (July 11, 2023)–Greenpeace USA’s new report exposes the financial institutions…
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Investing In Bitcoin’s Climate Pollution
Bitcoin consumes as much electricity as entire countries, and 62% of the electricity used for Bitcoin mining globally in 2022 came from fossil fuels. Bitcoin’s energy-hungry technology has revived decommissioned…
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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. Washington, DC (June 30, 2023) – In…
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Sharing in Climate Chaos: Asset Managers and Banks’ Investment Prop up Climate-Polluting Bitcoin Mining Companies
Financial institutions and the fossil fuel industry endanger our ability to limit global warming to 1.5°C. The role of big banks and asset managers in driving the climate crisis is…
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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…
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Greenpeace USA takes on Fidelity over Bitcoin’s dirty secret: Climate pollution!
Greenpeace USA activists brought an 11-foot tall art installation, the “Skull of Satoshi,” to two Fidelity Investments offices in New York City yesterday to demand Fidelity take accountability for its…
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Financial Institutions Need to Support a Code Change to Cleanup Bitcoin
Introduction “Humanity is on thin ice — and that ice is melting fast…Our world needs climate action on all fronts — everything, everywhere, all at once.” United Nations Secretary-General Antonio…
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Greenpeace USA and Artist Benjamin Von Wong Join Forces to Highlight Bitcoin’s Climate Problem
The world of Bitcoin might seem intangible, but the reality is that Bitcoin has a very tangible impact on our climate, environment, and communities. We’re in a climate crisis, and…