11 September 2023
B-CCaS member Dr. Matthew Brander, who is a Senior Lecturer in Carbon Accounting, was recently interviewed as part of an article for Bloomberg.
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”.