Bitcoin and banking’s differing energy narratives are a matter of perspective By Cointelegraph



Bitcoin and banking’s differing energy narratives are a matter of perspective

The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities.

The report revealed that for several large companies, such as Alphabet (NASDAQ:), Meta, Microsoft (NASDAQ:) and Salesforce (NYSE:), the cash and investments are their largest source of emissions.