Submission + - Tesla's bitcoin investment has carbon footprint of 1.8 million cars (yahoo.com)
Tesla's (TSLA) $1.5bn (£1bn) investment in bitcoin (BTC-USD) has a carbon footprint equivalent to the annual emissions of 1.8m cars, according to estimates from Bank of America. Analysts on the investment bank's global commodity research team on Wednesday published a major report on bitcoin, concluding that the cryptocurrency has a large and growing impact on the environment.
Why are they allowed to sell carbon credits then turn and use the money to pollute the environment?