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Big financial services companies like Fidelity need to acknowledge Bitcoin’s climate pollution and other environmental impacts by taking responsibility for the problem. The financial industry is generating revenue and creating services to help grow this energy-intensive cryptocurrency. At the same time, corporate pledges to reduce carbon emissions and sustainability plans don’t include Bitcoin’s climate impacts or risks.
Crypto firms are positioning themselves as allies in the climate fight, saying they want to help grow renewables, but researchers and residents aren't convinced