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Osmosis CEO works to permeate global markets with sustainable approach

Osmosis Investment Management is seeing traction in Europe and the U.S., and has an Asia-Pacific distribution deal under its belt. ....

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LGPS funds allocate £455m to sustainable investment manager

LGPS funds allocate £455m to sustainable investment manager
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Osmosis wins record $4.5 bn ESG mandate from Dutch pension fund

ESG specialist Osmosis Investment Management has received an allocation of $4.5 bn from a Dutch pension fund in one of the larg ....

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Tesla CEO Elon Musk Tweets about suspending Bitcoin use for electric vehicle purchase.

by Bhaswati Guha Majumder - May 14, 2021 05:25 AM
SpaceX, Tesla and Neuralink co-founder Elon Musk. (Mark Brake/Getty Images)
Tesla CEO Elon Musk has announced that the company will suspend the use of Bitcoin for the purchase of vehicles, citing environmental issues related to the cryptocurrency.
The billionaire wrote on Twitter: We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.
Following this announcement, the price of Bitcoin plunged by more than 11 per cent.
In February 2021, Tesla announced that it would start accepting Bitcoins as a payment mode for its electric vehicles. ....

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Dogecoin pops after Musk tweets about 'promising' system improvements (Update)

Elon Musk TV
Tesla Inc boss Elon Musk on Thursday denounced the insane amount of energy used to produce bitcoin, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns.
Musk, one of bitcoin s most ardent backers, tweeted a graph of bitcoin s power consumption and said: Energy usage trend over past few months is insane. (https://bit.ly/33BYV8Z)
That followed his tweet from Wednesday saying Tesla would no longer accept the cryptocurrency as payment for its electric cars because it came at a great cost to the environment, an about-face from his stance in March. ....

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