Bitcoin’s carbon footprint rises with prices

Victor Mendez-Barreira
17 Jan 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Bitcoin’s carbon footprint increases with its value, research carried out by the Dutch central bank finds.

In 2020, bitcoin’s total carbon footprint rose by 25%, according to a new method developed by De Nederlandsche Bank. The research aims to make the crypto asset’s environmental impact more comparable to other means of payment.

The study finds that every bitcoin transaction produced 402kg of CO₂ in 2020, 32% higher than in 2019. To put it into perspective, this is roughly two-thirds of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You already have an account with us*. Sign in below to continue.