{"id":2898,"date":"2022-11-19T00:00:00","date_gmt":"2022-11-19T00:00:00","guid":{"rendered":"http:\/\/www-prod.greenpeace.org\/usa\/campaign-updates\/2898\/bitcoin-falls-further-behind-on-climate\/"},"modified":"2025-04-23T16:48:54","modified_gmt":"2025-04-23T16:48:54","slug":"bitcoin-falls-further-behind-on-climate","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/usa\/bitcoin-falls-further-behind-on-climate\/","title":{"rendered":"Bitcoin Falls Further Behind on Climate"},"content":{"rendered":"<p><span class=\"p4descriptive_paragraph\">Greenpeace USA\u2019s response to the Ethereum Climate Platform (ECP)<\/span><\/p>\n<figure class=\"wp-block-image size-large p4featured_image\"><img decoding=\"async\" src=\"https:\/\/storage.googleapis.com\/planet4-usa-stateless\/2024\/12\/2c5f75a1-gp0sttutp_medium_res_with_credit_line.jpg\" alt=\"Burning Earth Action in Budapest\" \/><figcaption class=\"wp-element-caption\">Greenpeace Hungary displayed a burning Earth at Heroes\u2019 Square, in Budapest, to call for immediate action in a state of climate emergency. Greenpeace demands the Hungarian government in a petition to act immediately to defend its people.<\/figcaption><\/figure>\n<p>Greenpeace USA\u2019s response to the Ethereum Climate Platform (ECP)<\/p>\n<p><b>SAN FRANCISCO, CALIFORNIA (November 18, 2022) \u2013 <\/b><span style=\"font-weight: 400;\">In response to ConsenSys and 18 other firms releasing their<\/span><a href=\"https:\/\/consensys.net\/blog\/press-release\/cop27-leading-technology-companies-launch-ethereum-climate-platform-initiative-to-address-ethereums-former-proof-of-work-carbon-emissions\/\"><span style=\"font-weight: 400;\"> Ethereum Climate Platform (ECP)<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><b>Rolf Skar, Special Projects Manager at Greenpeace USA, said: \u201c<\/b><span style=\"font-weight: 400;\">The Ethereum Climate Platform (ECP) is another example of crypto platforms taking the initiative to mitigate the climate crisis, leaving Bitcoin falling further behind as the world grapples with the climate crisis. Ethereum has already stopped using energy-intensive Proof of Work \u2018mining.\u2019 The ECP platform goes a step further, attempting to address Ethereum\u2019s historic carbon footprint by investing in initiatives that could have a positive impact on the climate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cBitcoin is falling even further behind as others in the crypto industry work to tackle the climate crisis. Rather than take the initiative to curb energy usage by changing the code, most major players in the Bitcoin space refuse to acknowledge the problem at all. While other crypto technologies are making changes to become more efficient and, and coming up with approaches to address historic climate pollution, Bitcoin \u201cmining\u201d has become dirtier in recent years with <\/span><a href=\"https:\/\/www.jbs.cam.ac.uk\/insight\/2022\/a-deep-dive-into-bitcoins-environmental-impact\/\"><span style=\"font-weight: 400;\">coal<\/span><\/a><span style=\"font-weight: 400;\"> as its top source of electricity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe hope people and companies involved with Bitcoin see this as a wake up call to both change to an energy efficient protocol and actively shift our world away from fossil fuels.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">###<\/span><\/p>\n<p><b>Greenpeace USA <\/b><span style=\"font-weight: 400;\">is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country\u2019s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at <\/span><a href=\"http:\/\/www.greenpeace.org\/usa\"><span style=\"font-weight: 400;\">www.greenpeace.org\/usa<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greenpeace USA&#8217;s response to the Ethereum Climate Platform (ECP) SAN FRANCISCO, CALIFORNIA (November 18, 2022) \u2013 In response to ConsenSys and 18 other firms releasing their Ethereum Climate Platform (ECP),&hellip;<\/p>\n","protected":false},"author":66,"featured_media":11123,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[209],"tags":[50,6],"p4-page-type":[33],"class_list":["post-2898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-campaign","tag-bitcoin","tag-climate","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - 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