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Bankrolling Bitcoin pollution: How Big Finance supports a new climate threat
Bitcoin mining has grown into a big commercial industry dominated by publicly traded companies that operate large-scale mining facilities that often use as much electricity as a small city. In…
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New Report Finds Large, Mainstream Financial Firms are Financing Bitcoin’s Carbon Emissions
Top 5 firms are responsible for the equivalent annual emissions of 400,000 cars on U.S. roadways Greenpeace USA releases an innovative report, Bankrolling Bitcoin Pollution: How Big Finance Supports a…
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Mining for power: connection between Bitcoin miners, corporate interest groups, and climate deniers
Introduction Greenpeace USA research reveals how the Bitcoin mining industry is interconnected with the fossil fuel and other polluting industry groups and climate denialists that oppose needed action to address…
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BlackRock Is Now Among the Largest Holders of Polluting Bitcoin
BlackRock, the world’s largest asset manager and one of the world’s largest financiers of climate destroying fossil fuels, has just dived headlong into climate-destroying Bitcoin. Early in January, the U.S.…
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New Bitcoin ETFs Will Make it Easier to Invest in Climate Destruction
The U.S. Securities and Exchange Commission’s (SEC) approves Bitcoin spot exchange-traded funds (ETF) despite widespread concerns about Bitcoins pollution. Washington, DC (January 10, 2024) – In response to the U.S.…
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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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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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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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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…