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I googled some orders of magnitudes. Bank of America total scope 1 and scope 2 emissions (all buildings + travel + other stuff) were about 1 million tons co2 pe
by erostrate 6y ago
I googled some orders of magnitudes. Bank of America total scope 1 and scope 2 emissions (all buildings + travel + other stuff) were about 1 million tons co2 per year [1].
A lower bound on Bitcoin mining emissions was 20 million tons in 2018. [2]
Of course there are more than one bank, banks perform a lot of functions that crypto doesn't, etc.
[1] https://about.bankofamerica.com/assets/pdf/Bank-of-America-2018-ESG-Performance-Data-Summary.pdf https://about.bankofamerica.com/assets/pdf/Bank-of-America-2...
[2] http://ceepr.mit.edu/files/papers/2018-018.pdf http://ceepr.mit.edu/files/papers/2018-018.pdf
- pontus 6y agoThat's interesting, thanks for the calculation!