World Decarbonisation Day is observed on June 25. Decarbonisation is the removal or reduction of CO2 output into the atmosphere. The goal is to achieve carbon neutrality by eliminating fossil fuel combustion. It will be achieved by switching to the use of low-carbon energy sources. Carbon emissions are driving the climate crisis, so we have a choice – either reduce the amount of carbon we emit, or we remove carbon from the atmosphere. This involves the use of clean, alternative energies that only emit what the planet can absorb. Decarbonization aims at creating a carbon-free global economy through the targeted and technologically enabled reduction of emissions across value chains. Decarbonization techniques encompass a range of solutions including alternative fuels, electrification, renewable energy, carbon-offset projects, lifecycle assessment processes and sustainable working practices.
World Decarbonisation Day is observed on June 25. Decarbonisation is the removal or reduction of CO2 output into the atmosphere. The goal is to achieve carbon neutrality by eliminating fossil fuel combustion. It will be achieved by switching to the use of low-carbon energy sources. Carbon emissions are driving the climate crisis, so we have a choice – either reduce the amount of carbon we emit, or we remove carbon from the atmosphere. This involves the use of clean, alternative energies that only emit what the planet can absorb. Decarbonization aims at creating a carbon-free global economy through the targeted and technologically enabled reduction of emissions across value chains. Decarbonization techniques encompass a range of solutions including alternative fuels, electrification, renewable energy, carbon-offset projects, lifecycle assessment processes and sustainable working practices.
“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
