Greenpeace’s Latest Bitcoin Report Is Under Fire

Environmental lobby group Greenpeace releases a questionable report using lobbyists’ past affiliations and old data to discredit Bitcoin’s energy impact. A crypto environmental specialist has debunked many of the findings.

The organization’s latest report asserts that current Bitcoin mining lobbyists are from think tanks and anti-environment advocacy groups.

Greenpeace Exposes Alleged Political Ties

Greenpeace asserts that the advocacy group, the Chamber of Digital Commerce, which counts Bitcoin miners Marathon Digital and Core Scientific among its members, authored a Congressional resolution to support Bitcoin mining. The Blockchain Association, which represents the likes of Coinbase, reportedly lobbied against a bill requiring the reporting of Bitcoin’s greenhouse gas emissions and electricity usage.

As a result, Greenpeace links these advocacy groups with political power. The organization asserts that Perianne Boring, the CEO of the Chamber, previously worked as an intern at the White House and that the organization’s Former White House Chief of Staff, Mick Mulvaney, sits on the organization’s board. Fellow board member J. Christopher Giancarlo formerly worked at the Commodity Futures Trading Commission, which oversees the Bitcoin futures market.

The research alleges that Blockchain Association CEO Kristin Smith and the Digital Chamber of Commerce have spent heavily on political lobbying. Smith reportedly contributed $50,000 to the campaign of pro-crypto Republican Tom Emmer. Meanwhile, the Digital Chamber allegedly spent $230,000 of its $3.4 million revenue on crypto regulation lobbying in 2023.