Gold is five-times less carbon intensive than bitcoin – Skarn Associates

Gold is five-times less carbon intensive than bitcoin – Skarn Associates

For a dollars worth of bitcoin CO2 emissions are between 2.2 to 2.3 kilograms versus just 0.5 kilograms of gold, said Mark Fellows, co-founder of and director at Skarn Associates.

On Friday, Fellows recorded Kitco Roundtable podcast with correspondent Paul Harris, Mining Audiences Manager Michael McCrae and editor Neils Christensen.

In addition to bitcoin, the panelists discussed record high copper prices, the dismal jobs report, Bacanora Lithium-Ganfeng Lithium acquisition and Pandora Jewellery dropping mined diamonds.

2:04 Record copper prices
11:19 New Found Gold
16:21 Pandora Jewellery drops mined diamonds
20:48 Ganfeng Lithium acquires Bacanora Lithium
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