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


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:GOOGL), Meta, Microsoft (NASDAQ:MSFT) and Salesforce (NYSE:CRM), the cash and investments are their largest source of emissions.

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