Environment Financial News

24.05 / 21:41

Blockchain regulation Environment Bitcoin WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto

The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022 World Economic Forum. There was general agreement that there has been a rush to judgment on the consensus mechanisms of crypto mining and education and careful policymaking can counteract it.

19.05 / 08:39

business regulation Environment us government crypto framework Framework The Dept. of Commerce has 17 questions to help develop a crypto framework

The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins.

11.05 / 00:37

Government Environment POW Crypto miners Environmental groups urge US government to take action on crypto miners

A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to Proof-of-Work and other crypto mining operations.

03.05 / 04:43

Adoption regulation Environment legislation Rhode Island proposes crypto rewards for green home builders

A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project's carbon footprint.

02.05 / 21:43

regulation Environment Bitcoin Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator

The Bitcoin Mining Council (BMC) has responded to a letter sent to United States Environmental Protection Agency (EPA) Administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bitcoin (BTC) mining and its environmental impact.

30.04 / 12:17

Blockchain Ethereum Adoption Environment Collectibles Entering NFTs: Understanding the environmental impact of digital collectibles

NFTs have taken pop culture by storm over the past year. On a nearly daily basis, a new celebrity announces their interest in the emerging technology — usually by dropping an NFT collection. From Quentin Tarantino’s Pulp Fiction NFTs to Snoop Dogg’s NFT music label, a wide range of notable names are beginning to realize the creative value that NFTs offer. While celebrity involvement has played a key role in raising mainstream awareness about the array of NFT use cases and investment potential, it has also drawn the ire of some fans.

25.04 / 21:07

Law Environment proof-of-work week New York legislators to vote on PoW mining moratorium this week

The New York state legislature might ban Proof-of-Work (PoW) crypto mining in the state for at least two years, citing environmental concerns.

23.04 / 14:39

business Blockchain Technology Environment carbon markets Green finance needs voluntary carbon markets that work

The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits.

22.04 / 14:35

Blockchain defi Sustainability Environment Earth place Earth Day: A closer look at crypto projects that make the world a greener place

Earth Day, a 52-year-old tradition celebrated annually on April 22, provides an opportune moment for the world’s citizens to reflect upon their environmental progress, as well as rally support for political policy-making, cultural climate awareness and individual commitments to sustainability.

22.04 / 08:05

Environment Bitcoin Earth analysts This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources.

22.04 / 00:25

NFT Environment Africa Wildlife conservation efforts turn to NFT-funded initiatives

Digital twin nonfungible tokens, or NFTs, aren't just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork of the Southern Hemisphere teamed up to tokenize individual real-world endangered animals at game reserves and privately owned conservation areas in Africa. These wildlife NFTs enable holders to sponsor an elephant, lion, cheetah or rhino. Profits from the sales will go toward food, shelter and security for the animals they represent.

21.04 / 23:31

Government Environment proof-of-work lawmakers US lawmakers US lawmakers sound alarm to EPA over environment concerns of crypto mining

United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes.

21.04 / 12:53

Blockchain Altcoin Environment Algorand network Algorand aims to convert network transaction fees into carbon offsets

Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions.

19.04 / 16:01

Blockchain Adoption Environment Chainlink energy transition clean energy Blockchain and oracles can help clean energy transition, study claims

New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a report claims that blockchain has the potential to help the industry achieve its climate action goals.

16.04 / 19:59

Environment Protest French election: Macron vows to overhaul climate policy as he woos left-wing vote

Emmanuel Macron has promised that is he is re-elected, his prime minister will be "directly responsible for environmental planning", in order to go "twice as fast" to reduce greenhouse gas emissions.

14.04 / 01:03

business Environment Wikipedia Bitcoin crypto donations Wikimedia community supports proposal to stop foundation from accepting crypto donations

Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor.

09.04 / 14:29

Blockchain Technology Environment United Nations How blockchain technology is transforming climate action

The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture.

08.04 / 17:25

Law Environment Court NY State Supreme Court dismisses petition against crypto mining company

In an important precedent, a New York State Supreme Court judge in Yates County ruled in favor of cryptocurrency mining firm Greenidge Generation, dismissing a petition filed by a coalition of environmental activists.

06.04 / 04:13

business Environment Energy Bitcoin Marathon Marathon Digital moves Montana BTC mine to pursue carbon neutrality

Bitcoin miner Marathon Digital Holdings plans on taking a big step toward carbon neutrality with plans to transition its Montana mining facility to use sustainable power sources elsewhere.

05.04 / 09:31

Environment Bitcoin Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues

Despite the canceled merger between Gryphon Digital Mining and Sphere 3D, the two firms still intend on building out carbon-neutral Bitcoin mining operations.

04.04 / 23:37

Mining regulation Environment Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a 'growing concern'

The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies that may require greater energy demands.

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