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Climate TagsCryptocurrency
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  • This briefing by RMI discusses the environmental impact of cryptocurrency, specifically Bitcoin, and outlines the efforts and challenges associated with decarbonizing the industry. It details the transition of Ethereum to a lower-energy mechanism, the development of accounting frameworks for emissions, and the necessity for Bitcoin to move away from proof-of-work mining or utilize additional renewable energy to avoid hindering climate progress.

    AI-generated

    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    Themes: energy transitioncryptocurrencydecarbonizationrenewable energygreenhouse gas emissions
    RMI

    Document type: Briefing

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