11 September 2023

The article, entitled ‘Crypto ETF Drags ‘ESG’ Into Wildly Volatile World of Bitcoin’, explores new developments in ESG investing, with an ESG label having recently been attached to a Bitcoin exchange-traded fund for the first time.
Dr. Brander was asked about the use of Renewable Energy Certificates (RECs) to fulfil decarbonisation strategies, which he says is not credible as “Buying a REC doesn’t represent any real-world relationship between digital assets and renewable power”.