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Bitcoin emissions alone could push global warming above 2°C

Authors :
Erik C. Franklin
Michael B. Kantar
Mason K. Chock
Mio Shimada
Camilo Mora
Katie Taladay
Randi L. Rollins
Source :
Nature Climate Change. 8:931-933
Publication Year :
2018
Publisher :
Springer Science and Business Media LLC, 2018.

Abstract

Bitcoin is a power-hungry cryptocurrency that is increasingly used as an investment and payment system. Here we show that projected Bitcoin usage, should it follow the rate of adoption of other broadly adopted technologies, could alone produce enough CO2 emissions to push warming above 2 °C within less than three decades.

Details

ISSN :
17586798 and 1758678X
Volume :
8
Database :
OpenAIRE
Journal :
Nature Climate Change
Accession number :
edsair.doi...........9f4236a8453ff9119ec39935aaaa00fb
Full Text :
https://doi.org/10.1038/s41558-018-0321-8