{"id":426534,"date":"2022-04-04T23:30:00","date_gmt":"2022-04-04T20:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/intergovernmental-panel-on-climate-change-calls-cryptocurrency-co2-emissions-a-growing-concern\/"},"modified":"2022-04-04T23:30:00","modified_gmt":"2022-04-04T20:30:00","slug":"intergovernmental-panel-on-climate-change-calls-cryptocurrency-co2-emissions-a-growing-concern","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/intergovernmental-panel-on-climate-change-calls-cryptocurrency-co2-emissions-a-growing-concern\/","title":{"rendered":"# Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a &#8216;growing concern&#8217;"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a278389c59ec\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a278389c59ec\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/intergovernmental-panel-on-climate-change-calls-cryptocurrency-co2-emissions-a-growing-concern\/#%E2%80%9D_Intergovernmental_Panel_on_Climate_Change_calls_cryptocurrency_CO2_emissions_a_%E2%80%98growing_concern_%E2%80%9C\" >&#8221; Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a &#8216;growing concern&#8217; &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Intergovernmental_Panel_on_Climate_Change_calls_cryptocurrency_CO2_emissions_a_%E2%80%98growing_concern_%E2%80%9C\"><\/span>&#8221; Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a &#8216;growing concern&#8217; &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvZTU3M2IwZWItNDA0Ni00NDFiLWFkM2QtYzIxYTZlYTA3MTQxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The United Nations arm aimed at assessing the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a> related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies that may require greater energy demands.<\/p>\n<p>According to a report released on Monday, the IPCC <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/report.ipcc.ch\/ar6wg3\/pdf\/IPCC_AR6_WGIII_FinalDraft_FullReport.pdf\">said<\/a> cryptocurrencies, as part of the infrastructure around data centers and information <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> systems related to blockchain, had the potential to be a \u201cmajor global source\u201d of carbon dioxide emissions. The group said that estimated CO2 emissions between 2010 and 2019 suggested there was only a 50% probability of limiting the rise of the average\u00a0temperature of Earth by 1.5\u00b0C, based on the remaining carbon budget from 2020. <\/p>\n<p>\u201cThe energy requirements of cryptocurrencies is also a growing concern, although considerable uncertainty exists surrounding the energy use of their underlying blockchain infrastructure,\u201d said the report. \u201cWhile it is clear that the energy requirements of global Bitcoin mining have grown significantly since 2017, recent literature indicates a wide range of estimates for 2020 (47 TWh to 125 TWh) due to data gaps and differences in modelling <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roaches.\u201d<\/p>\n<p>The IPCC included the energy requirements for artificial intelligence alongside crypto and blockchain. However, the group noted that all technologies had the potential to enable emissions reductions as well as increased emissions based on how they were governed:<\/p>\n<blockquote><p>\u201cLarge improvements in information storage, processing and communication technologies, including artificial intelligence, will affect emissions. They can enhance energy-efficient control, reduce transaction cost for energy production and distribution, improve demand-side management [&#8230;] and reduce the need for physical transport.\u201d<\/p><\/blockquote>\n<p><strong><em>Related: <\/em><\/strong><strong><em>The blockchain projects making renewable energy a reality<\/em><\/strong><\/p>\n<p>The report was the IPCC\u2019s third and latest in its efforts to recommend halving global emissions by 2030 to reduce the environmental impacts of climate change. Most experts agree that the effects could include rising sea levels, an increase in extreme weather, posing challenges to populations residing near coastlines and crop production.<\/p>\n<p>\u201cIn the scenarios we assessed, limiting warming to around 1.5\u00b0C (2.7\u00b0F) requires global greenhouse gas emissions to peak before 2025 at the latest, and be reduced by 43% by 2030; at the same time, methane would also need to be reduced by about a third,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ipcc.ch\/site\/assets\/uploads\/2022\/04\/IPCC_AR6_WGIII_PressRelease_English.pdf\">said<\/a> the IPCC. \u201cEven if we do this, it is almost inevitable that we will temporarily exceed this temperature threshold but could return to below it by the end of the century.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">&#8220;We need to take action now or 1.5\u00baC will become out of reach, it will be physically impossible to get there.&#8221;  \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/IPCC?src=hash&amp;ref_src=twsrc%5Etfw\">#IPCC<\/a> Working Group III Co-Chair Jim Skea at today\u2019s press conference for the release of the latest <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/IPCC?src=hash&amp;ref_src=twsrc%5Etfw\">#IPCC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/ClimateReport?src=hash&amp;ref_src=twsrc%5Etfw\">#ClimateReport<\/a> on the mitigation of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/climatechange?src=hash&amp;ref_src=twsrc%5Etfw\">#climatechange<\/a>. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/EVouUNxaVQ\">pic.twitter.com\/EVouUNxaVQ<\/a><\/p>\n<p>\u2014 IPCC (@IPCC_CH) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/IPCC_CH\/status\/1511011913156771850?ref_src=twsrc%5Etfw\">April 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Many regulators, lawmakers and even entertainers have made crypto and blockchain targets as the effects of climate change become more visible globally and the need to reduce emissions grows. However, CoinShares reported in January that the Bitcoin (BTC) mining network accounted for 0.08% of global carbon dioxide production \u2014 49,360 megatons \u2014 in 2021. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/intergovernmental-panel-on-climate-change-calls-cryptocurrency-co2-emissions-a-growing-concern\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a &#8216;growing concern&#8217; &#8220; The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies that may require greater energy demands. According to a report released on Monday, the IPCC&#8230;<\/p>\n","protected":false},"author":1,"featured_media":426536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvZTU3M2IwZWItNDA0Ni00NDFiLWFkM2QtYzIxYTZlYTA3MTQxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,74863,75042,10595,70934],"class_list":["post-426534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-cryptocurrencies","tag-mining","tag-environment","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/426534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=426534"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/426534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/426536"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=426534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=426534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=426534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}