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Tackling climate change with blockchain

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  • Peter Howson

    (Nottingham Trent University)

Abstract

Concern about the carbon footprint of Bitcoin is not holding back blockchain developers from leveraging the technology for action on climate change. Although blockchain technology is enabling individuals and businesses to manage their carbon emissions, the social and environmental costs and benefits of doing so remain unclear.

Suggested Citation

  • Peter Howson, 2019. "Tackling climate change with blockchain," Nature Climate Change, Nature, vol. 9(9), pages 644-645, September.
    • Handle: RePEc:nat:natcli:v:9:y:2019:i:9:d:10.1038_s41558-019-0567-9
    DOI: 10.1038/s41558-019-0567-9
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    Citations

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    Cited by:

    1. Baur, Dirk G. & Oll, Josua, 2022. "Bitcoin investments and climate change: A financial and carbon intensity perspective," Finance Research Letters, Elsevier, vol. 47(PA).
    2. Changping Zhao & Juanjuan Sun & Yu Gong & Zhi Li & Peter Zhou, 2022. "Research on the Blue Carbon Trading Market System under Blockchain Technology," Energies, MDPI, vol. 15(9), pages 1-17, April.
    3. Kuralbayeva, Karlygash, 2021. "Forest carbon offsets over a smart ledger," SocArXiv hxtkg, Center for Open Science.
    4. Matteo Manganelli & Alessandro Soldati & Luigi Martirano & Seeram Ramakrishna, 2021. "Strategies for Improving the Sustainability of Data Centers via Energy Mix, Energy Conservation, and Circular Energy," Sustainability, MDPI, vol. 13(11), pages 1-25, May.
    5. Arfaoui, Nadia & Naeem, Muhammad Abubakr & Boubaker, Sabri & Mirza, Nawazish & Karim, Sitara, 2023. "Interdependence of clean energy and green markets with cryptocurrencies," Energy Economics, Elsevier, vol. 120(C).
    6. Zhang, Dongna & Chen, Xihui Haviour & Lau, Chi Keung Marco & Xu, Bing, 2023. "Implications of cryptocurrency energy usage on climate change," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    7. Yuriy Leonidovich Zhukovskiy & Daria Evgenievna Batueva & Alexandra Dmitrievna Buldysko & Bernard Gil & Valeriia Vladimirovna Starshaia, 2021. "Fossil Energy in the Framework of Sustainable Development: Analysis of Prospects and Development of Forecast Scenarios," Energies, MDPI, vol. 14(17), pages 1-28, August.
    8. Dwivedi, Yogesh K. & Hughes, Laurie & Kar, Arpan Kumar & Baabdullah, Abdullah M. & Grover, Purva & Abbas, Roba & Andreini, Daniela & Abumoghli, Iyad & Barlette, Yves & Bunker, Deborah & Chandra Kruse,, 2022. "Climate change and COP26: Are digital technologies and information management part of the problem or the solution? An editorial reflection and call to action," International Journal of Information Management, Elsevier, vol. 63(C).
    9. Peter Howson, 2020. "Ecomodernism: Technology, Politics and the Climate Crisis," Global Environmental Politics, MIT Press, vol. 20(2), pages 166-168, May.
    10. Xiwen Fu & Shuxin Wang, 2022. "How to Promote Low-Carbon Cities with Blockchain Technology? A Blockchain-Based Low-Carbon Development Model for Chinese Cities," Sustainability, MDPI, vol. 14(20), pages 1-17, October.
    11. Kinne, Jan & Dehghan, Robert & Schmidt, Sebastian & Lenz, David & Hottenrott, Hanna, 2024. "Location factors and ecosystem embedding of sustainability-engaged blockchain companies in the US: A web-based analysis," ZEW Discussion Papers 24-023, ZEW - Leibniz Centre for European Economic Research.
    12. Anh Ngoc Quang Huynh & Duy Duong & Tobias Burggraf & Hien Thi Thu Luong & Nam Huu Bui, 2022. "Energy Consumption and Bitcoin Market," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 29(1), pages 79-93, March.
    13. Marco Schletz & Laura A. Franke & Søren Salomo, 2020. "Blockchain Application for the Paris Agreement Carbon Market Mechanism—A Decision Framework and Architecture," Sustainability, MDPI, vol. 12(12), pages 1-17, June.
    14. Radosław Miśkiewicz & Krzysztof Matan & Jakub Karnowski, 2022. "The Role of Crypto Trading in the Economy, Renewable Energy Consumption and Ecological Degradation," Energies, MDPI, vol. 15(10), pages 1-15, May.
    15. Dorfleitner, Gregor & Muck, Franziska & Scheckenbach, Isabel, 2021. "Blockchain applications for climate protection: A global empirical investigation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    16. Hamzah Khan & Tariq Masood, 2022. "Impact of Blockchain Technology on Smart Grids," Energies, MDPI, vol. 15(19), pages 1-27, September.
    17. Lorenzo Ardito, 2023. "The influence of firm digitalization on sustainable innovation performance and the moderating role of corporate sustainability practices: An empirical investigation," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5252-5272, December.
    18. Carè, R. & Weber, O., 2023. "How much finance is in climate finance? A bibliometric review, critiques, and future research directions," Research in International Business and Finance, Elsevier, vol. 64(C).
    19. Haisen Wang & Gangqiang Yang & Ziyang Yue, 2023. "Breaking through ingrained beliefs: revisiting the impact of the digital economy on carbon emissions," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.
    20. Nishant Sapra & Imlak Shaikh & Ashutosh Dash, 2023. "Impact of Proof of Work (PoW)-Based Blockchain Applications on the Environment: A Systematic Review and Research Agenda," JRFM, MDPI, vol. 16(4), pages 1-29, March.
    21. Marco Schletz & Ana Cardoso & Gabriela Prata Dias & Søren Salomo, 2020. "How Can Blockchain Technology Accelerate Energy Efficiency Interventions? A Use Case Comparison," Energies, MDPI, vol. 13(22), pages 1-23, November.
    22. Ye, Wang & Wong, Wing-Keung & Arnone, Gioia & Nassani, Abdelmohsen A. & Haffar, Mohamed & Faiz, Muhammad Fauzinudin, 2023. "Crypto currency and green investment impact on global environment: A time series analysis," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 155-169.
    23. Xiangyang Yu & Xiaojing Wang, 2023. "Research on Carbon-Trading Model of Urban Public Transport Based on Blockchain Technology," Energies, MDPI, vol. 16(6), pages 1-21, March.
    24. Florin Mihai & Ofelia Ema Aleca & Emilia Gogu & Cosmin Dobrin & Mirela Gheorghe, 2021. "The Challenges of the Green Economy in Romania. Scientific Literature Review," Sustainability, MDPI, vol. 13(23), pages 1-22, November.

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