KMS Of Academy of mathematics and systems sciences, CAS
Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China | |
Jiang, Shangrong1; Li, Yuze1,2; Lu, Quanying2; Hong, Yongmiao2,3,4; Guan, Dabo5; Xiong, Yu6,7; Wang, Shouyang1,2,7 | |
2021-04-06 | |
发表期刊 | NATURE COMMUNICATIONS |
ISSN | 2041-1723 |
卷号 | 12期号:1页码:10 |
摘要 | The growing energy consumption and associated carbon emission of Bitcoin mining could potentially undermine global sustainable efforts. By investigating carbon emission flows of Bitcoin blockchain operation in China with a simulation-based Bitcoin blockchain carbon emission model, we find that without any policy interventions, the annual energy consumption of the Bitcoin blockchain in China is expected to peak in 2024 at 296.59 Twh and generate 130.50 million metric tons of carbon emission correspondingly. Internationally, this emission output would exceed the total annualized greenhouse gas emission output of the Czech Republic and Qatar. Domestically, it ranks in the top 10 among 182 cities and 42 industrial sectors in China. In this work, we show that moving away from the current punitive carbon tax policy to a site regulation policy which induces changes in the energy consumption structure of the mining activities is more effective in limiting carbon emission of Bitcoin blockchain operation. The growing energy consumption and carbon emissions of Bitcoin mining could potentially undermine global sustainability efforts. Here, the authors show the annual energy consumption of the Bitcoin blockchain in China is expected to peak in 2024 at 296.59 Twh and generate 130.50 million metric tons of carbon emissions. |
DOI | 10.1038/s41467-021-22256-3 |
收录类别 | SCI |
语种 | 英语 |
资助项目 | National Natural Science Foundation of China[71988101] ; National Natural Science Foundation of China[72022019] |
WOS研究方向 | Science & Technology - Other Topics |
WOS类目 | Multidisciplinary Sciences |
WOS记录号 | WOS:000661132300001 |
出版者 | NATURE RESEARCH |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/58828 |
专题 | 中国科学院数学与系统科学研究院 |
通讯作者 | Guan, Dabo; Wang, Shouyang |
作者单位 | 1.Univ Chinese Acad Sci, Sch Econ & Management, Beijing, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China 3.Cornell Univ, Dept Econ, Ithaca, NY 14853 USA 4.Cornell Univ, Dept Stat Sci, Ithaca, NY USA 5.Tsinghua Univ, Dept Earth Syst Sci, Beijing, Peoples R China 6.Univ Surrey, Surrey Business Sch, Guildford, Surrey, England 7.Chinese Acad Sci, Ctr Forecasting Sci, Beijing, Peoples R China |
推荐引用方式 GB/T 7714 | Jiang, Shangrong,Li, Yuze,Lu, Quanying,et al. Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China[J]. NATURE COMMUNICATIONS,2021,12(1):10. |
APA | Jiang, Shangrong.,Li, Yuze.,Lu, Quanying.,Hong, Yongmiao.,Guan, Dabo.,...&Wang, Shouyang.(2021).Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China.NATURE COMMUNICATIONS,12(1),10. |
MLA | Jiang, Shangrong,et al."Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China".NATURE COMMUNICATIONS 12.1(2021):10. |
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