In a recent X-thread (formerly Twitter) on Bitcoin’s environmental, social and governance (ESG) impact, Daniel Batten, a leading BTC environmentalist and co-founder of CH4 Capital, presented a compelling case for the cryptocurrency. With the help of four distinctive charts, Batten highlighted Bitcoin’s sustainability compared to other major industries. “4 charts, 4 tweets, 4 reasons Bitcoin is the ultimate ESG asset,” stated Batten.
The Ultimate ESG Asset: Bitcoin
Renewable Energy Dominance: Batten began by emphasizing how BTC mining has ascended to be the “single most sustainably-powered global industry in the world.” Data reveals that a significant 52.6% of the energy for BTC comes from renewable sources. By contrast, the banking sector lags at 39.2%, the industrial sector at 32.0%, agriculture at 19.2%, gold industry at 12.8%, and iron & steel industry at a mere 9.8%.
Consistent Emission Levels Amidst Growth: The second chart highlights BTC’s unique capability to m
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