Sharing in Climate Chaos: Asset Managers and Banks’ Investment Prop up Climate-Polluting Bitcoin Mining Companies
Asset managers like Fidelity Investments, BlackRock, and Vanguard, and banks like Goldman Sachs, JP Morgan Chase, and Citigroup, have substantial shares in Bitcoin mining. These companies’ support has thrown a lifeline to the fossil fuel industry and is impeding progress on efforts to curb emissions. Read More.