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The Bitcoin network is on track to be CARBON NEGATIVE. 6% of miner CO2 is already being mitigated by methane capture mining. It's set to rise drastically.
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New York is NOT BANNING Bitcoin Mining. Stop spreading FUD.
STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements. Users equipped with NFT Sneakers – walk, jog or run outdoors to earn GST, which can be used to level up and mint new Sneakers.
ALTERED CARBON: Carbon Credit Crypto Trading
Moss Carbon Credit (MCO2) is a worthless token that has absolutely nothing to do with carbon credits.
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Take a look at CARBON, it's a social network focused on crypto. The team has been around since last bull market and their newest platform released last month. As always, DYOR, not investment advice
CARBON social looks promising
Are you dumb bro ? We don’t have problems with energy. we’re concerned about CARBON not energy. Your toothbrush uses energy , is it releasing carbon ? No . They’re not the same. Bitcoin is mined by literally thousands of computers across the globe. if some go down … literally almost nothing would happen. And if the whole world uses power , everything is going to hell in a hand basket and bitcoin will be the last of my concerns. Basically anti bitcoin arguments are always : “but what if apocalypse “ ? Well I concede bro , In the event of an apocalypse bitcoin is going to zero
It was a ponzi. Do you think CARBON will make you full? Would another coin created by the Bitconnect scammers help their victims? No, no. Good luck to you.
HUT MAKES 160 BTC COINS A MONTH(ave.). GRYPHON MAKES 80. HUTS MARKET CAP $465.19M x.075 (7.5% KERN share holders portion) = $34889 M DIVIDE BY 2(Half the amount of coins a month)= 17444M DIVIDE BY O/S(4.6M) = $3.79 A SHARE SUBTRACT DILUTION (paying off debts) ADD FUTURE PROSPECTS, ELON, 700 MACHINES(all ready purchased sitting in storage w/ plans of going online), CARBON FREE. = $3.00 EASY! KERN UNDER $1.00 BECAUSE OF FEAR! KERN was a Cannabis TECH co. the sellers do not know BTC mining. HUT 8 PT IS $6.00 then KERN IS $9.00!
SHARE PRICE!! HUT MAKES 160 BTC COINS A MONTH. GRYPHON MAKES 80 (going to 100). HUTS MARKET CAP $465.19M x.075 (7.5% KERN share holders portion) = $34889 M DIVIDE BY 2(Half the amount of coins a month)= 17444M DIVIDE BY O/S(4.6M) = $3.79 A SHARE SUBTRACT DILUTION (paying off debts) ADD FUTURE PROSPECTS, ELON, 700 MACHINES(all ready purchased sitting in storage w/ plans of going online), CARBON FREE. = $3.00 EASY! KERN UNDER $1.00 BECAUSE OF FEAR! STOP THE MADNESS, HOLD OR BUY!
> This is not rocket science. You're right this isn't rocket science. So I will say it for you one last time and then I'm done with this argument. It. is. a. reduction. in. ETEREUMS. energy. consumption. It. is. not. a. reduction. in. GLOBAL. energy. consumption. Ethereum could have stopped using 10% of the worlds electrical supply. But as long as that energy is being used by some other means, which it is, the worlds energy consumption has not be reduced. Carbon emissions have not be reduced. In the article it clearly states that Ethereum's switch to POS has REDUCED CARBON EMISSIONS. Which it absolutely has not. I can repeat this all day. I can't understand it for you. You've got to think for yourself and stop buying into the BS you're being spoon fed.
It's not a "moratorium on non-renewable mining." Read closely. No mining is "suspended," they just won't issue permits that seek to expand. ​ § 19-0331. MORATORIUM ON AIR PERMIT ISSUANCE AND RENEWAL. 1. FOR THE PERIOD COMMENCING ON THE EFFECTIVE DATE OF THIS SECTION AND ENDING TWO YEARS AFTER SUCH DATE, THE DEPARTMENT, AFTER CONSULTATION WITH THE DEPARTMENT OF PUBLIC SERVICE, SHALL NOT APPROVE A NEW APPLICA- TION FOR OR ISSUE A NEW PERMIT PURSUANT TO THIS ARTICLE, OR ARTICLE SEVENTY OF THIS CHAPTER, FOR AN ELECTRIC GENERATING FACILITY THAT UTILIZES A CARBON-BASED FUEL AND THAT PROVIDES, IN WHOLE OR IN PART, BEHIND-THE-METER ELECTRIC ENERGY CONSUMED OR UTILIZED BY CRYPTOCURRENCY MINING OPERATIONS THAT USE PROOF-OF-WORK AUTHENTICATION METHODS TO VALI- DATE BLOCKCHAIN TRANSACTIONS. 2. FOR THE PERIOD COMMENCING ON THE EFFECTIVE DATE OF THIS SECTION AND ENDING TWO YEARS AFTER SUCH DATE, THE DEPARTMENT SHALL NOT APPROVE AN APPLICATION TO RENEW AN EXISTING PERMIT OR ISSUE A RENEWAL PERMIT PURSUANT TO THIS ARTICLE FOR AN ELECTRIC GENERATING FACILITY THAT UTILIZES A CARBON-BASED FUEL AND THAT PROVIDES, IN WHOLE OR IN PART, BEHIND-THE-METER ELECTRIC ENERGY CONSUMED OR UTILIZED BY A CRYPTOCURREN- CY MINING OPERATION THAT USES PROOF-OF-WORK AUTHENTICATION METHODS TO VALIDATE BLOCKCHAIN TRANSACTIONS **IF THE RENEWAL APPLICATION SEEKS TO** **INCREASE OR WILL ALLOW OR RESULT IN AN INCREASE IN THE AMOUNT OF ELEC-** **TRIC ENERGY CONSUMED OR UTILIZED** BY A CRYPTOCURRENCY MINING OPERATION THAT USES PROOF-OF-WORK AUTHENTICATION METHODS TO VALIDATE BLOCKCHAIN TRANSACTIONS.
Not even that. It's a ban on new permits for electrical generating facilities that provide power for POW miners ​ >THE DEPARTMENT, AFTER CONSULTATION WITH THE DEPARTMENT OF PUBLIC SERVICE, SHALL NOT APPROVE A NEW APPLICA- TION FOR OR ISSUE A NEW PERMIT PURSUANT TO THIS ARTICLE, OR ARTICLE SEVENTY OF THIS CHAPTER, FOR AN ELECTRIC GENERATING FACILITY THAT UTILIZES A CARBON-BASED FUEL AND THAT PROVIDES, IN WHOLE OR IN PART, BEHIND-THE-METER ELECTRIC ENERGY CONSUMED OR UTILIZED BY CRYPTOCURRENCY MINING OPERATIONS THAT USE PROOF-OF-WORK AUTHENTICATION METHODS TO VALI- DATE BLOCKCHAIN TRANSACTIONS. https://www.nysenate.gov/legislation/bills/2021/A7389
WTF IS A CARBON CREDIT?! So I can polite but I have to pay to do so?!
And little old lady……. WE ARE GOING COMPLETELY CARBON NEUTRAL!!!!!
If YOU think 1 MILLION trees is a lot... SPE (Save Planet Earth) has 1,1 BILLION trees contracted to plant in different country's to sell carbon credits to offset co2. 🌲 Just look @ their [whitepaper](https://www.google.com/url?sa=t&source=web&rct=j&url=https://saveplanetearth.io/SPE_WhitePaper.pdf&ved=2ahUKEwjA_Mr9gKz1AhVN-6QKHWzAAQMQFnoECAYQAQ&usg=AOvVaw0BRyv9kKhR-Vt-UZIZ9eFJ) SPE WILL BUY BACK AND BURN 5% OF EVERY CARBON CREDIT. SIMPLE MATH: 1.100.000.000 X 30 (GENERAL PRICE OF 1 CARBON CREDIT) = 330.000.000 / 100 * 5 (% BUY BACK AND BURN) = 1,65 BILLION $ BOUGHT BACK AND BURNED. SPE IS A REAL GEM PEOPLE. 🌲🚀
But if you are having a conversation about the CARBON FOOTPRINT of something, then logically that topic is linked to other subject headings (cars, hotels, etc.) By the term carbon footprint. They share that characteristic. Sort of like when you go to an index of a book it might say something like: Cars, Invention (page 62-73) Assembly (page 34-37) Carbon footprint (page 88-89) Bitcoin, Invention (page 12-14) Public reception ( page 16-17) Mining (page 22-25) See also Carbon footprint (page 26-27) If something shares a characteristic with another thing, they are linked in that category. So it's perfectly valid to compare the two to see what their relationship to one another is.
How to tell me you have no clue about carbon capturing without telling me you have no clue about carbon capturing. Cutting down lumber and treating it is quite literally THE BEST CARBON CAPTURING technology we have right now. It locks in that carbon essentially forever.
ALGORAND IT ALREADY CARBON NEUTRAL, AND SO FAST AND CHEAP.. Im in love :-)
ALGO is certified CARBON NEGATIVE
I hear you ardevd, i got smoked bad on Arbitrum with CARBON Finance.. i mean bad. then i lost hard again with another stupid Arbitrum coin that was a pump and dump. Risk is real.
Or poor bastards who got shredded for $$$ on Arbitrum buying CARBON FINANCE cause you thought it was the same as CRBN token... then it went to asymptotic zero overnight. Man that was a painful bit of learning on my part, think of the dips i could be buying today.
carbon negative by what measure? operational impacts or user impacts as well? regardless - environmental impacts ARE NOT JUST CARBON. They use technology of companies that are canon positive. What about the nasty problem of e-waste? Most importantly - by market cap, Algo et al are laughable compared to the main players so sharing outliers is not a good way to construct a counterpoint.
OP forgot that CHINA WILL BE WORKING WITH VECHAIN IN THE NEAR FUTURE IN REGARDS ITS CARBON FOOT PRINT. ...Think about that for a minute... China, the biggest polluter in the world will be working hand in hand with VeChain. Also VET distributes VTHO which is like a residual income or staking if you will, for just holding VET. The more VET is used the higher the residual staking aVET will receive. You don't have to do anything you just start receiving in it as soon as you buy VET. My total residual has doubled in less than a year due to the token residual... which means VET is being used A LOT.
BLY & CARBON apparently
Exactly, there’s so many great alternatives like algo being CARBON NEGATIVE, but the difference is they can’t just own all the supply due to it circulating at a rather slow rate. These billionaires are trying to make a quick buck out of doge because they know they can, best to just ignore them even if they give crypto publicity
A vapor coin can’t be carbon negative and regardless no one gives a fuck. I made up my mind because shills can only say CARBON FUCKING CARBON THE FINANCIAL SYSTEM OF THE FUTURE IS ABOUT CARBON
Convert Carbon is a recycling platform, an ecosystem, a reward system that will revolutionize the present market. POLITIC AND ECONOMIC LANDSCAPE The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making Europe climate neutral in 2050. An impact assessed plan will also be presented to increase the EU's greenhouse gas emission reductions target for 2030 to at least 50% and towards 55% compared with 1990 levels. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming, and innovation. In this changing climate European leaders have approved higher recycling targets and new measures to reduce waste across Europe. The laws were formally published in the Official Journal of the EU in June. Starting today, 4 July 2018, EU countries have 24 months to transpose the laws into national legislation. The news comes seven months after the laws and targets were agreed by the European Commission, Parliament, and governments as part of the three-way negotiations known as trilogies. A circular economy is an economic system that tackles global challenges like climate change, biodiversity loss, waste, and pollution. This process is often summarized by "take, make, waste". By contrast, a circular economy employs reuse, sharing, repair, refurbishment, remanufacturing, and recycling to create a closed-loop system, minimizing the use of resource inputs and the creation of waste, pollution, and carbon emissions. The circular economy aims to keep products, materials, equipment, and infrastructure in use for longer, thus improving the productivity of these resources. Waste materials and energy should become input for other processes through waste valorization: either as a component or recovered resource for another industrial process or as regenerative resources for nature. Another target area to achieve the EU's climate goals is the introduction of the Circular Economy Industrial policy. In March 2020, the EU announced their Industrial Strategy with its aim to “empower citizens, revitalizes regions and have the best technologies”. EU countries will now be required to recycle at least 55% of their municipal waste by 2025, 60% by 2030, and 65% by 2035. Other approved measures include a 10% cap on landfills by 2035, mandatory separate collection of biowaste, and stricter schemes to make producers pay for the collection of key recyclables. Recommendations also include economic incentives for reuse, deposit-return schemes, food donations, and the phase-out of subsidies that promote waste. ( https://ec.europa.eu/clima/policies/eu-climate-action\_en ") ROADMAP OF CONVERT CARBON: PHASE 1 - Tech Readiness & Early Adopters PHASE 2 - Pilot use cases & Public Offering PHASE 3 - Growing the solution Ecosystem Visit the Official website for more information regarding the project. Convert Carbon is an independent organization. We are not owned by any business that operates within the blockchain or cryptocurrency space. Our management team and staff are a group of blockchain developers, computer programmers, market analysts, statisticians, and economists, with a high inclination for an eco-friendly world.
**Convert Carbon is a recycling platform, an ecosystem, a reward system that will revolutionize the present market.** **POLITIC AND ECONOMIC LANDSCAPE** **The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making Europe climate neutral in 2050. An impact assessed plan will also be presented to increase the EU's greenhouse gas emission reductions target for 2030 to at least 50% and towards 55% compared with 1990 levels. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming, and innovation.** **In this changing climate European leaders have approved higher recycling targets and new measures to reduce waste across Europe. The laws were formally published in the Official Journal of the EU in June. Starting today, 4 July 2018, EU countries have 24 months to transpose the laws into national legislation. The news comes seven months after the laws and targets were agreed by the European Commission, Parliament, and governments as part of the three-way negotiations known as trilogies.** **A circular economy is an economic system that tackles global challenges like climate change, biodiversity loss, waste, and pollution. This process is often summarized by "take, make, waste". By contrast, a circular economy employs reuse, sharing, repair, refurbishment, remanufacturing, and recycling to create a closed-loop system, minimizing the use of resource inputs and the creation of waste, pollution, and carbon emissions. The circular economy aims to keep products, materials, equipment, and infrastructure in use for longer, thus improving the productivity of these resources. Waste materials and energy should become input for other processes through waste valorization: either as a component or recovered resource for another industrial process or as regenerative resources for nature. Another target area to achieve the EU's climate goals is the introduction of the Circular Economy Industrial policy. In March 2020, the EU announced their Industrial Strategy with its aim to “empower citizens, revitalizes regions and have the best technologies”.** **EU countries will now be required to recycle at least 55% of their municipal waste by 2025, 60% by 2030, and 65% by 2035. Other approved measures include a 10% cap on landfills by 2035, mandatory separate collection of biowaste, and stricter schemes to make producers pay for the collection of key recyclables. Recommendations also include economic incentives for reuse, deposit-return schemes, food donations, and the phase-out of subsidies that promote waste.** **( https://ec.europa.eu/clima/policies/eu-climate-action\_en** **")** **ROADMAP OF CONVERT CARBON:** **PHASE 1 - Tech Readiness & Early Adopters** **PHASE 2 - Pilot use cases & Public Offering** **PHASE 3 - Growing the solution Ecosystem** **Visit the Official website for more information regarding the project.** **Convert Carbon is an independent organization. We are not owned by any business that operates within the blockchain or cryptocurrency space. Our management team and staff are a group of blockchain developers, computer programmers, market analysts, statisticians, and economists, with a high inclination for an eco-friendly world.**
You forgot the part where you say literally anything about CARBON. This is not a difficult concept people. Carbon negative would mean less carbon in the atmosphere after you were done than before you began, because of you. That's it. It's very simple.
Agree, the US Military, one of the greatest polluters on earth, secures the USD. > BITCOIN EMITS LESS THAN 2% OF THE WORLD’S MILITARY-INDUSTRIAL COMPLEX CARBON EMISSIONS. > Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex. > https://bitcoinmagazine.com/culture/bitcoin-vs-world-military-emissions Then why Elon and all the FUD'ers accept USD as payment? They should stop till the military and banks are using renewable energy. Never mind that on top of that, Bitcoin is ACTUALLY good for the environment using otherwise wasted energy and also incentivizing the use of green energies. These are the most relevant links debunking the Bitcoin energy usage FUD: https://www.cnbc.com/video/2021/05/13/elon-musk-bitcoin-reversal-climate-change.html https://www.youtube.com/watch?v=TeVvtSCfcQ4 https://www.youtube.com/watch?v=eTqKLJ_o9yQ https://www.youtube.com/watch?v=Z3wFYxNItKQ https://finance.yahoo.com/news/study-over-74-bitcoin-mining-180300738.html https://moneyweek.com/investments/alternative-finance/bitcoin/602678/bitcoin-energy-consumption Newest reports: https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume https://uk.sports.yahoo.com/news/bitcoin-mining-actually-uses-less-210837605.html https://medium.datadriveninvestor.com/lightning-is-3-7-million-times-more-efficient-than-visa-87065d13eea9 https://cryptopotato.com/banks-pollute-way-more-than-bitcoin-study-finds/ https://www.dailystockmarketnews.in/2021/05/study-shows-banks-cause-more-pollution.html?m=1 https://old.reddit.com/r/Bitcoin/comments/nl0gky/bitcoin_miners_are_escaping_china_and_it_might_be/ https://endthefud.org/ https://www.youtube.com/watch?v=cvfb-rBBsSg https://fee.org/articles/bitcoin-uses-half-the-energy-of-the-banking-system-new-paper/ https://www.youtube.com/watch?v=6NbBknQJgNI https://bitcoinmagazine.com/culture/bitcoin-vs-world-military-emissions
Elon sells his millions of CARBON CREDITS to other nations so they can continue production while polluting even more, that's where he makes a lot of his money. He gets the Carbon Credits free because he makes Electric vehicles that do not pollute. Didn't pass the smell test when he bought BitCoins
They are only restricting crypto mining that uses CARBON-BASED energy which has been known to be environmentally damaging. They are not totally banning mining of crypto. Honestly, I see this as a win for both mother nature and crypto!
I really wish this clinically stupid author got a degree in a useful major instead of majoring in journalism because they’re too stupid to know the difference between ENERGY USAGE and CARBON OUTPUT 😂
Lol. Typical. Every single headliner I have ever seen about “XYZ NOW OFFICIALLY CARBON NEUTRAL” inevitably means that they wrote someone in a piece of paper that they plan to be carbon neutral at some distant point in the future. The whole thing is a joke.
Well, what they say in the filing is this: > CARBON NEUTRALITY > The Trust intends to offset the carbon footprint associated with bitcoin by purchasing and retiring carbon credits necessary to account for the estimated carbon emissions associated with the bitcoins held by the Trust. The Trust has entered into an agreement with LIRDES S.A. (doing business as Moss Earth) (“Moss”), a company located in Uruguay, to purchase MCO2 tokens representing certified reductions in greenhouse gas emissions. The MCO2 tokens issued by Moss are assets encrypted and tokenized utilizing blockchain technology and are stored on a registry managed by Verra, an organization that establishes and manages standards and programs in connection with carbon credits (“Verra”). Moss purchases carbon credits from projects that are certified under Verra’s Verified Carbon Standard. Each circulating MCO2 token is intended to represent a claim on a certified carbon credit held in an aggregated pool of carbon credits within the Moss account on the Verra Registry. Tokenized carbon credits are fungible and do not represent a claim on a specific underlying carbon credit issued to a specific carbon reduction project. The Trust will initially acquire MCO2 tokens from Moss from time to time at pre-negotiated prices in an amount sufficient to offset the estimated carbon footprint of the bitcoins held in the Trust's portfolio, with a view towards tracking the performance of the Index. Upon expiration of its agreement with Moss in April 2031, the Trust will either enter into a replacement agreement, or alternatively acquire MCO2 tokens or similar carbon credits at then current spot prices for such instruments. So, it’s using carbon credits.
#spe guys if you haven’t checked out SPE DO IT! Road map is amazing! CARBON CREDITS, 101m tree planting deals signed. Big listings already here and more big ones to come this week! LETSGO!
> of coins out there right now and it's feeling real 2017-2018e, but people forget Algorand is not a shitcoin. If you do your own DD, which is exactly why I'm making this post because that's what I think you should do, you will figure out that Silvio Micali is a genius and clearly a front runner in the sustainable DeFi-Crypto market. I am not going to post everything that I've researched, but I will have this here in order to give you all the option to read on their site about themselves. They have a transparency page you can check out if you want to see the wallets behind this. It's a fixed supply and for some reason the market cap is sitting at about 2-3 billion when it's has a multitude of use cases and is CARBON NEGATIVE AS OF 2021. People want to talk about Doge for Green currency but it's no comparison if you w I want to be a major algo holder. DCAing my way in, and staking on their wallet!
💎The Team: https://carbonxyz.medium.com/team-carbon-c2e6daa7e3f6 💎CARBON pitch deck: https://www.figma.com/proto/XvgkaM4Ur0Ni58dS90P37x/Carbon\_Deck?node-id=26%3A334&scaling=scale-down&page-id=1%3A3 💎Website: http://carbon.xyz/ 💎Twitter: https://twitter.com/carbon\_gems 💎Medium: https://carbonxyz.medium.com/ 💎Tokenomics: https://docs.google.com/spreadsheets/d/1dVaLx3NQywak\_FiHhBWo\_BkiBD\_UVtLy\_hStaZdX1dk/edit?usp=sharing 💎App demo: https://docs.google.com/document/d/163sVJXXPJF2nf6cRFiRrkGeKkVT4EI4knzoCCz6TBNQ/edit
The only ones who lost ridiculous amounts of money are those who panic SOLD. Elon's tweet affected almost all my cryptos, too. Do you think I sold based on a bunch of panicked sheep heading towards the cliff? NOPE! You think I give a damn whether Tesla accepts BTC or not? I certainly didn't buy crypto based on whether Tesla did or didn't accept BTC for purchases. He's a "climate change" hypocrite anyway being that all his cars, gigaplants, rockets, and boring plants probably produce way more pollution than BTC miners could ever think to. NEWS FLASH: we're all made of carbon and all his products are made of, and use, CARBON. Everything here on this planet is carbon based. We even breath out carbon, which plants breathe in and exchange for oxygen. Huh! Who'd have ever imagined that there was ever a symbiotic relationship between flesh and plants? Surely Elon was aware of how BTC was mined before he ever accepted it. What changed his mind? No idea. The only question you ask to explain the sudden change of heart is "qui bono"?
VETVETVETVETVETVETVET. PARTNERS, ADOPTIONS, CARBON PROTOCOL. VETVETVETVETVETVETVET. but for real, it's a great project.
#CarbonDefi is project made for the community, 97% owned by the community and with PancakeSwap locked liquidity and RENOUNCED OWNERSHIP. We aim to reduce the pollution by donating to organizations involved in reducing the CARBON footprint. The organizations will be voted by the community. We believe by working together we can donate 1 million $ to help fighting climate change.
Oh God. ot that climate bullcrap again. CARBON IS FUCKING FOOD FOR PLANTS We need MORE CO2, not less.
HEY! SUNNY! First off let me say I think your a living LEGEND! Secondly I would like for you to expand further on the PARTNERSHIP WITH CHINA and how soon we can see a REDUCTION IN OUR CARBON footprint by using VECHAIN and please elaborate more on how exactly that would work.
This is what $CARBON coin was up to. Great to see a resurgence
Is this the same as CARBON?
So there's a news narrative being created right now... seems like Corporate and Institutional BITCOIN holders may face huge CARBON TAX. If so Bitcoin may expected to Crash from such news. Bitcoin has also bounced hard off the 0.786 fib retracement level to the downside. https://www.nytimes.com/2021/03/09/business/dealbook/bitcoin-climate-change.html
Yeah but it uses less energy than gaming, why not criticize them too?. Anyway to help you here are the assumptions you must have made before coming to YOUR ignorant conclusion. 1. It is only possible to mine Bitcoin with energy from fossil fuels. WRONG 2. It is not the job of a government to cut the causes of CARBON EMMITING energy production. WRONG 3. All of the worlds energy consumption however it is produced should go down. WRONG 4. Energy use increases inline with popularity and market cap of Bitcoin. WRONG 5. It is not possible that Bitcoin could use otherwise wasted energy and actually help proliferate green energy production. WRONG 6. Limitless money and inflation is fine and we don't really need a type of money that has a hard limit and is hard to produce. UTTERLY WRONG BBC seriously!
Here are the assumptions you have made before coming to YOUR ignorant conclusion 1. It is only possible to mine Bitcoin with energy from fossil fuels. WRONG 2. It is not the job of a government to cut the causes of CARBON EMMITING energy production. WRONG 3. All of the worlds energy consumption however it is produced should go down. WRONG 4. Energy use increases inline with popularity and market cap of Bitcoin. WRONG 5. It is not possible that Bitcoin could use otherwise wasted energy and actually help proliferate green energy production. WRONG 6. Limitless money and inflation is fine and we don't really need a type of money that has a hard limit and is hard to produce. UTTERLY WRONG