London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

Bitcoin Emits Less Than 2% of the World’s Military-industrial Complex Carbon Emissions

Bitcoin Emits Less Than 2% of the World’s Military-industrial Complex Carbon Emissions

A recently published study shows that Bitcoin mining produces a tiny fraction of the carbon emissions coming from the world’s military-industrial complex, which pulls the carpet under the political 'environmentally justified attack' against Bitcoin.

Hass McCook wrote an interesting piece covering recent hot topic: bitcoin’s environmental aspect, and comparison to the military-industrial complex’s participation to environment, and laying out the case what is actually happening in this space.

Firstly, thank you kindly for clicking on my click-bait title — it’s trench warfare out here on the environmental, social and corporate governance (ESG) front at the moment, and comparisons are being thrown around left, right and center.

Nobody hates comparisons more than I do, but as long as long bows are being drawn, I reserve the right to pull the “muh military!” card. But first, we must understand how the military-industrial complex (MIC) is inextricably related to the legacy financial system, via the mothers of all legacy industries, oil and the petrodollar.

The MIC is more essential to the financial system than you may think. Obviously, I had my suspicions and the basic facts, but this piece for Bitcoin Magazine by Alex Gladstein, chief strategy officer of the Human Rights Foundation, really drove things home for me. Gladstein’s piece is a brief read, 6,500 words or so, and should be considered a mandatory minimum prerequisite reading for basically all Bitcoiners, certainly ones who are serious about getting into the ESG or human rights discussion.

If reading isn’t your thing, be sure to listen to the one hour deep-dive podcast. Even though I can’t summarize it for you, here’s the basic gestalt: The world financial system cannot exist without the petrodollar, which cannot exist without the backing of the United States government, and by extension, The United States Armed Forces, and by further extension, the rest of the world’s governments and armies. Therefore, if we wish to compare Bitcoin’s emissions to the “legacy financial system,” the military must be accounted for too, as well as its primary supporting industries. You could also argue that almost the entirety of public service (with the possible exception of healthcare) is also a mandatory cog in the financial machine, but that will be an article for another time.

This piece will aggregate the current literature on military emissions, as well as a summary of methodology and assumptions behind these numbers. I will then compare these numbers to Bitcoin.

While solid data only exists for the U.S., Europe and the U.K., they make up a dominant enough share of the world’s military industry and expenditure that global conclusions can be drawn. Dr Stuart Parkinson of The Scientists For Global Responsibility, an author of three of the abovementioned reports, concludes in one of them:

“I estimate that the carbon emissions of the world’s armed forces and the industries that provide their equipment are in the region of 5% of the global total. But this does not include the carbon emissions of the impacts of war — this could be as high as 1%. So the total military carbon boot-print could be 6%.”

Published research shows Bitcoin mining produces a mere fraction of the carbon emissions coming from the world’s military-industrial complex.

As at time of writing, The Cambridge University Centre For Alternative Finance estimates Bitcoin’s energy use to be 97.9 terawatt-hours (TWh), with total emissions of 44.1 million tons of carbon dioxide and carbon dioxide equivalents (MtCO2e), a measly approximate 0.09% of world’s 50,000 MtCO2e emissions, and over 55- to 65-times less than the MIC.

Read the full article: BTC Emits 2% of the World’s Military-industrial Complex Carbon Emissions – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×