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Bitcoin emissions alone could push global warming above 2°C

Author

Listed:
  • Camilo Mora

    (University of Hawai‘i at Mānoa)

  • Randi L. Rollins

    (University of Hawai‘i at Mānoa
    University of Hawai‘i at Mānoa)

  • Katie Taladay

    (University of Hawai‘i at Mānoa)

  • Michael B. Kantar

    (University of Hawai‘i at Mānoa)

  • Mason K. Chock

    (University of Hawai‘i at Mānoa)

  • Mio Shimada

    (University of Hawai‘i at Mānoa)

  • Erik C. Franklin

    (University of Hawai‘i at Mānoa
    University of Hawai‘i at Mānoa)

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.

Suggested Citation

  • Camilo Mora & Randi L. Rollins & Katie Taladay & Michael B. Kantar & Mason K. Chock & Mio Shimada & Erik C. Franklin, 2018. "Bitcoin emissions alone could push global warming above 2°C," Nature Climate Change, Nature, vol. 8(11), pages 931-933, November.
    • Handle: RePEc:nat:natcli:v:8:y:2018:i:11:d:10.1038_s41558-018-0321-8
    DOI: 10.1038/s41558-018-0321-8
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