Coinbase’s Public Stock Listing Creates A Multibillion Dollar Windfall For Founders—Now It Faces Five Big Threats

Brian Armstrong

For Coinbase’s founders and investors, the timing of its initial public offering this week couldn’t have been better. Bitcoin has been trading at an all-time high, above $60,000. Just eight days ago, Coinbase announced that first quarter revenue in 2021 tripled from the prior quarter, hitting $1.8 billion, while net profit reached nearly $800 million.

On the stock’s first day of trading on Wednesday, it nearly doubled then settled back down for a 30% gain, closing at a market value of $86 billion. CEO Brian Armstrong’s net worth hit $11.8 billion. Cofounder and board member Fred Ehrsam, $3.8 billion. Chief product officer Surojit Chatterjee, $660 million.

As the most popular digital asset brokerage and exchange in America, Coinbase’s key competitive advantages are its brand and deep trading marketplace. The more customers it has, the easier it is for each one to buy and sell at attractive prices when he or she wants to. Today it has 56 million verified users. But now that the nine-year-old San Francisco company is public and under a brighter spotlight, it faces growing threats to its outsized profits.

A Rush of New Competition

Avichal Garg, a managing partner at Electric Capital, one of the largest cryptocurrency investment firms in the U.S., says Coinbase will start seeing much more competition. “It’s going to be a big wakeup call for banks and financial institutions,” he says. He thinks Fidelity is a few years ahead of other incumbents in building a crypto trading business thanks to CEO Abby Johnson. She led the company to start mining bitcoin in 2017 and has created a 150-person team dedicated to helping large investors buy, sell and hold bitcoin.

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CNBC’s Bob Pisani breaks down why Coinbase on deck is so important for investors and the crypto space with Matt Hougan of Bitwise Asset Management and Christian Magoon, CEO of Amplify ETFs. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

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Fidelity doesn’t yet let average Americans buy bitcoin directly, but Garg thinks that will change. “They have their core retail brokerage business—imagine putting Fidelity-branded crypto products into that thing. Now you don’t have to leave Fidelity to get access to bitcoin or ethereum.” (Fidelity declined to comment on whether it’s building such a product.)

Interactive Brokers, the Greenwich-based $30 billion trading platform that caters to professional traders and sophisticated investors, plans to offer bitcoin trading to customers by the end of this summer, a spokesperson says.

In late 2019, brokerage Charles Schwab released a report showing that the bitcoin-tracking investment product GBTC was a top-five holding in accounts held by Millennial customers. Schwab probably won’t stay on the sidelines if there’s such pent-up demand among its customers, Garg says. A Schwab spokesperson declined to comment on specific plans but noted that it lets customers trade bitcoin derivative securities, adding, “We will continue to listen to our clients’ feedback to make sure that our offering meets their needs.”

Binance, the largest cryptocurrency exchange in the world, launched a U.S. arm in September 2019, and its trading volumes keep hitting record highs, recently transacting $1.3 billion a day to Coinbase’s $5 billion, according to CoinGecko.

Cryptocurrency exchange-traded funds (ETFs) are also on the verge of approval for the first time in America, which will make it easier for retail investors and wealth managers to get exposure to bitcoin through almost any brokerage. Companies ranging from Fidelity to Wisdom Tree have crypto ETF applications sitting on the desk of the Securities and Exchange Commission.

Rich Repetto, a managing director at investment bank Piper Sandler who covers online brokerages, expects the first U.S. crypto ETF to get approved this year. Gary Gensler’s confirmation as SEC chairman makes this even more likely—the former Goldman Sachs banker used to teach a class on blockchain technology at MIT.

Shrinking Fees

All this extra competition for Coinbase means it’s almost inevitable that its high fees will come down. To buy $100 worth of crypto on Coinbase today, it costs $2.99, or 2.9%. To buy $1,000, you’ll pay $14.68, or 1.5%. Prices decrease percentagewise if you’re spending more—average fees across all Coinbase’s brokered transactions were 0.57% in 2020, financial disclosures indicate.

That’s a stark contrast to what it costs to buy a stock today, which is $0 thanks largely to Robinhood. (Coinbase declined to comment for this article due to the regulatory “quiet period” it’s under during its public stock listing.)

Nearly everyone thinks crypto trading fees will fall, but many think it won’t happen quickly. When online brokerages like Etrade came out in the late 1990s, they charged $30 to buy a stock. “It took two decades for those fees to compress to zero,” says Repetto, who has been studying online brokerages since 1999.

According to Electric Capital’s Garg, people have been talking about Coinbase’s fees shrinking for the past five years, so it’s hard to say when it will finally happen. “I think we need some sort of catalyst for it. And I don’t know what that is. Maybe it’s Fidelity, Schwab or somebody like that coming into the market.”

San Francisco-based Kraken is the second-largest U.S. crypto exchange, and its fees are about half those of Coinbase. For a retail investor to buy $100 worth of crypto, it costs 1% to 1.5%, a spokesperson says. When does Kraken think fees will drop? “No one knows for sure. We do think that fees will hold steady, given the tough technical challenges that come with operating an exchange,” says Jeremy Welch, Kraken’s chief product officer.

True to form, Robinhood is trying to speed up fee compression. It recently announced that 9.5 million of its users traded crypto in the first quarter of this year, compared with just 1.7 million in the last quarter of 2020. At a virtual speaking event in March, CEO Vlad Tenev criticized Coinbase’s high fees. “A lot of people will say, we don’t want to compete on price,” Tenev said. “Robinhood will compete on price.”

There are no trading fees to buy crypto on Robinhood—the company makes money by getting rebates from trading firms that execute Robinhood users’ orders, using the same business model it employs for stock trading. Ironically, many of those crypto trades probably get executed on Coinbase’s exchange, since Coinbase has 41% of the U.S. bitcoin trading market, according to Piper Sandler’s research (Kraken has a 19% share).

That means Coinbase is profiting even from the trades that Robinhood users make. Coinbase’s position as both a brokerage that sells you crypto and an exchange that settles your trade is unusual in financial markets and gives it even more dominance in the industry.

Trading Volume Volatility

Another big challenge Coinbase faces is business volatility. Big moves in crypto prices usually mean more active trading (and more fees for Coinbase), but if prices start leveling off, customers can lose interest. For example, in June 2019, 800,000 bitcoins traded hands on Coinbase, according to research site Bitcoinity. Six months later, in January 2020, less than 400,000 traded—a drop of more than 50%—while bitcoin’s price fell just 10% during that period.

Such volatility is rare for a business of Coinbase’s size and will come into sharper focus now that it’s public. That volatility could cause wild swings in Coinbase’s stock price and make strategic, long-term planning difficult, especially as the company grows larger and profit margins potentially narrow. The stock’s gyrations can also be a major distraction for executives and employees.

Customer Service Woes

Like Robinhood, Coinbase suffers from customer service problems, with some users saying they’ve had their crypto stolen from them and that Coinbase hasn’t provided ample support. Brooklyn-based user Michael Pierre allegedly had $100,000 worth of digital assets liquidated from his Coinbase account by a fraudster, according to the New York Times. Now he’s suing the company. A Coinbase spokesperson told the Times that a “24/7 crypto economy, which, combined with a substantial increase in demand, has created a unique set of customer experience challenges” and that .004% of its users had their accounts fraudulently taken over in the past year.

Regulation

Regulation is the largest existential threat to Coinbase’s business, says Garg. If the U.S. government suddenly started to tax cryptocurrency gains at higher rates than capital gains on other assets or decided that all other digital assets except bitcoin were illegal to trade, it could do major damage to its business. “But I think it is very unlikely,” he says. “I think the U.S. government has gotten its head around the inevitability of crypto. The position has shifted to how we make sure that all the innovation that’s happening here happens in the U.S., rather than happening somewhere else.”

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I lead our fintech coverage at Forbes, and I also write about blockchain technology and investing. In October 2020, three of my colleagues and I won the Excellence in Personal Finance Reporting award from the RTDNA and NEFE for our stories on Robinhood. I’ve also written frequently about leadership, corporate diversity and entrepreneurs. Before Forbes, I worked for ten years in marketing consulting, in roles ranging from client consulting to talent management. I’m a graduate of Middlebury College and Columbia Journalism School. Have a tip, question or comment? Email me jkauflin@forbes.com or send tips here: https://www.forbes.com/tips/. Follow me on Twitter @jeffkauflin. Disclosure: I own some bitcoin and ether.

Source: Coinbase’s Public Stock Listing Creates A Multibillion Dollar Windfall For Founders—Now It Faces Five Big Threats

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Coinbase Posts Record $1.8 Billion In Revenue As Crypto Market Shoots Past $2 Trillion

https://i0.wp.com/onlinemarketingscoops.com/wp-content/uploads/2021/04/coinbase.jpg?resize=924%2C519&ssl=1

Ahead of its long-anticipated public market debut next week, crypto-brokerage Coinbase previewed results for its best quarter ever, pulling in $1.8 billion in first-quarter revenue, as booming interest in cryptocurrencies pushes the market to meteoric new highs.

Shortly after the market close on Tuesday, Coinbase, the nation’s largest cryptocurrency exchange, reported first-quarter revenue that soared nearly 900% from $190.6 million in the same period last year, blowing past the $585 million nabbed in the fourth quarter.

The San Francisco-based firm, which posted a surprise profit of $322 million last year, pulled in an estimated $800 million in earnings during the first quarter, roughly 25 times the $32 million posted a year ago.

Reflecting the surging interest in cryptocurrencies, Coinbase’s trading volume totaled $335 billion in the quarter, eclipsing the $30 billion worth of trades in the first quarter of 2020.

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CNBC’s Kate Rooney reports on Coinbase earnings ahead of next week’s direct listing. With CNBC’s Mike Santoli. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y In preparation for its debut on the Nasdaq next week, cryptocurrency exchange Coinbase said on Tuesday that first-quarter revenue climbed about nine-fold from last year, driven by a historic rally in the price of bitcoin. Revenue in the period jumped to about $1.8 billion from $190.6 million in the same quarter a year earlier, Coinbase said in a press release, adding that the results are preliminary and unaudited. Net income grew to between $730 million and $800 million from $31.9 million a year ago. Coinbase said it has 56 million verified users. The company is hosting a webcast to discuss its financial results starting a 4:30 p.m. Eastern Time.

Meanwhile, the platform’s verified users (those with confirmed identities who are eligible to trade) swelled to 56 million at quarter’s end, compared to 34 million one year prior.

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cryptocurrencies, fueled by heightened institutional adoption that’s seen the likes of Morgan Stanley and Goldman Sachs dive into the space just last month. The cryptocurrency market late Monday swelled to more than $2 trillion after skyrocketing nearly tenfold from $208 billion in April 2020.

Chief Critic

“Coinbase’s expected valuation of roughly $100 billion is far too high,” David Trainer, the CEO of investment research firm New Constructs, said in a note to clients Monday. “It’s hard to make a straight-faced argument that the firm can justify the lofty expectations baked into its valuation given increasing competition in a mature cryptocurrency trading market and the lack of sustainability in its current market share and margins,” he added, noting that competitors such as Gemini, Bitstamp, Kraken and others are likely to try to undercut Coinbase’s market share advantage by lowering their trading fees, as has happened with stocks in the years since online brokerages like Robinhood and Stash emerged.

Surprising Fact

Billionaire Coinbase CEO and Cofounder Brian Armstrong earned an eye-popping $59.5 million in total compensation last year—more than JPMorgan CEO Jamie Dimon and Goldman Sachs CEO David Solomon.

Further Reading

Coinbase Investors Say It Could Hit $100 Billion Valuation When It Goes Public (Forbes)

Forbes Bitcoin’s Guardian Angel: Inside Coinbase Billionaire Brian Armstrong’s Plan To Make Crypto Safe For All (Forbes)

Crypto Giant Coinbase Pulled In $1.3 Billion Last Year, New Filing Shows (Forbes)

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I’m a reporter at Forbes focusing on markets and finance. I graduated from the University of North Carolina at Chapel Hill, where I double-majored in business journalism and economics while working for UNC’s Kenan-Flagler Business School as a marketing and communications assistant. Before Forbes, I spent a summer reporting on the L.A. private sector for Los Angeles Business Journal and wrote about publicly traded North Carolina companies for NC Business News Wire. Reach out at jponciano@forbes.com.

Source: Coinbase Posts Record $1.8 Billion In Revenue As Crypto Market Shoots Past $2 Trillion

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Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China | Nature Communications
blog.quintarelli.it – April 6
The growing energy consumption and associated carbon emission of Bitcoin mining could potentially undermine global sustainable efforts. By investigating carbon emission flows of Bitcoin blockchain operation in China with a simulation-based Bitcoin blockchain carbon emission model, we find that without any policy interventions, the annual energy consumption of the Bitcoi […] 50 million metric tons of carbon emission correspondingly […]
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Environmental science: Climate impacts of Bitcoin mining in China | Nature Communications | Nature Portfolio
[…] Dabo Guan, Shouyang Wang and colleagues track carbon emission flows of Bitcoin blockchain operations in China with a simulated carbon emission model […]
1
BHU to collaborate on research on hydrogen energy
[…] and botany departments were also discussed to neutralize the impact of climate change by the carbon emission, he said […]
1
Drone Package Delivery Market worth $39,013 million by 2030 – Exclusive Report by MarketsandMarkets™
[…] in regulatory frameworks to encourage drone package delivery, and increasing demand for lowering carbon emission […]
1
Civic Sanskriti: Life on a finite planet
[…] renewable energy targets, the new discussion is: can India set itself more ambitious targets of carbon emission reduction? While the average carbon footprint per person in India is not high, globally, we stil […]
2
Cherry Blossoms and Climate Change: Japan’s Earliest Bloom in 1,200 Years Blamed on Global Warming
[…] RELATED ARTICLE: Study Finds 250 Mature Cherry Trees Can Absorb a Single Car’s Carbon Emission Check out more news and information on and Climate Change on Science Times […]
2
U.S. Treasury Secretary calls for global corporate minimum tax
[…] Mnuchin opposed last year, and said she will work with international institutions and partners on carbon emission reduction targets […]
284
Blok-Z | Enabling Innovative Digital Services For Energy Companies
Product GreenLink Zero carbon emission as a service! With GreenLink, energy retailers will be able to offer their customers trul […]
46
IIT Mandi Develops Algorithms To Improve Efficiency Of Internal Combustion Engines
[…] Efficiency Of Internal Combustion Engines IIT-Mandi has developed algorithms that eyes to curtail carbon emission by studying internal combustion (IC) engine’s function […]
1
Building environmental, social and corporate governance (ESG) values in the construction industry
[…] on their carbon emissions, the panel provided examples of actions being taken to drive and lower carbon emission within the UK construction industry […]
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Lebanon vaccine rollout neglects refugees, migrants: HRW |
middle-east.timesofnews.com – April 6
[…] investments in innovative new and emerging solutions as well as carbon capture; and reducing the carbon-emission intensity of hydrocarbon fuels […]
0
How the crypto community can solve its energy problem
qrius.com – April 6
[…] is in the crosshairs of many environmentalist groups and campaigners looking to reduce carbon emission […]
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Macrotech Developers IPO: Macrotech Developers IPO: Name change, debt management, net-zero emission plans and more
economictimes.indiatimes.com – April 6
[…] Aim to be zero emission firm The company said it plans to become a net-zero carbon emission business in 10 years, which will be a huge achievement for a real estate firm in India […]
3
Fraser & Neave Bhd : Prime Minister’s Hibiscus Award Recognises F&NHB for Environmental Stewardship | MarketScreener
[…] energy requirement in Malaysia with clean energy by 2022 to increase energy efficiency and reduce carbon emission […]
0
Reducing London’s Carbon Emissions with a Green Floating Fuel Station
[…] 4 million tons of CO2, which indicates that more work must be done to reduce this major city’s carbon emission levels […]
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Billing and Data Manager – Energy Management Industry – TEAM
[…] to deliver technology-driven products and services to help our customers meet their net zero carbon emission targets […]
0
Haydale awarded APC funding to develop graphene-enhanced hydrogen fuel cell tanks | Graphene-Info
[…] in public funding to 22 feasibility studies looking to scale up the industrialization of low-carbon emission vehicle technologies […]
1
Haydale Graphene Industries : Awarded Feasibility Study to Support Future of Green Automotive Manufacturing | MarketScreener
[…] in public funding to 22 feasibility studies looking to scale up the industrialisation of low-carbon emission vehicle technologies […]
0
Not just profits, care for people and planet too: SEBI to top-listed companies –
[…] It also require disclosure with respect to carbon emission details for each major product and percentage of renewable energy consumed to total energy Even the […]
0
Global Fossil-Fuel CO2 Emissions
cdiac.ess-dive.lbl.gov – April 6
[…] The 2007 global fossil-fuel carbon emission estimate, 8365 million metric tons of carbon, represents an all-time high and a 1 […]
1
European Metals and CEZ ready Cinovec for EV Revolution
the-pick.com.au – April 6
[…] the battery industry to reach 7-8 million units by 2025 in response to Europe’s increasingly tough carbon emission standards and most tellingly, bans by individual nations on internal combustion engines takin […]
2
NA-KD announces climate compensation for all customer deliveries and returns
partechpartners.com – April 6
[…]   From today onwards, the carbon emission from NA-KD’s deliveries and returns will be 100% offset, at no extra cost to the customer […]
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Automotive Transmission Market Size and Prediction by Leading Manufacturers According to Its Application and Types Till 2027 –
technogeekstmr.wordpress.com – April 6
[…] efforts to improve vehicle performance so as to reduce transmission power response time and meet carbon emission norms […]
0
Ogun threatens firms with sanctions over environmental laws
[…] Ojetola said its officials from the Ministry of Environment had confirmed the complaint of the carbon emission from the Chinese company. He said the carbon emission, which arose from the use of oil sludge to fire its furnace, had caused havoc to the residents an […]
1
Ogun Threatens Firms With Sanctions Over Environmental Laws – Punch Newspapers
[…] Ojetola said its officials from the Ministry of Environment had confirmed the complaint of the carbon emission from the Chinese company. He said the carbon emission, which arose from the use of oil sludge to fire its furnace, had caused havoc to the residents an […]
0
Ogun threatens firms with sanctions over environmental laws
punchng.com – April 6
[…] Ojetola said its officials from the Ministry of Environment had confirmed the complaint of the carbon emission from the Chinese company […] Ogun dumps 1,500 casual teachers’ recruitment Ogun awards contracts for water projects He said the carbon emission, which arose from the use of oil sludge to fire its furnace, had caused havoc to the residents an […]
5
Analyst Q&A: Smart cities – a world of possibilities – Themed Weeks
mobileinsights.mobileworldlive.com – April 6
[…] Smart energy: smart cities are working towards achieving the goal of zero carbon emission by next 10-15 years […]
18
Middle East climate leaders and global partners vow to step up climate action
[…] investments in innovative new and emerging solutions as well as carbon capture; and reducing the carbon-emission intensity of hydrocarbon fuels […]
2
Iconic Kiwi Beer Brand Gets Make-Over
supermarketnews.co.nz – April 6
[…] boxes to a local supplier will save thousands of kilometres in travel and result in a significant carbon emission reduction […]
2
Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China
Subjects Abstract The growing energy consumption and associated carbon emission of Bitcoin mining could potentially undermine global sustainable efforts. By investigating carbon emission flows of Bitcoin blockchain operation in China with a simulation-based Bitcoin blockchain carbon emission model, we find that without any policy interventions, the annual energy consumption of the Bitcoi […] constructs a BBCE model to investigate the feedback loops of Bitcoin blockchain and simulates the carbon emission flows of its operations in China. In view of the complexity of Bitcoin blockchain operation and carbon emission process, the BBCE modeling for Bitcoin carbon emission assessment is mainly based on the following assumptions: (1) The electricity consumption of th […]
3
Bitcoin Could Churn Out 130 Million Tons Of Carbon, Undermining Climate Action. Here’s One Way To Tackle That
[…] near future,” Wang said, adding that the research team was “surprised by the energy consumption and carbon emission assessment results of bitcoin blockchain operation in China […]
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View from India: Auto industry gears up for a green journey | E&T Magazine
eandt.theiet.org – April 6
[…] The target is to achieve lower carbon emission and reduce greenhouse emissions by 33-35 per cent by 2030 […]
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Yellen pledges U.S. international cooperation, calls for glo
en.yibada.com – April 6
[…] Mnuchin opposed last year, and said she will work with international institutions and partners on carbon emission reduction targets […]
0
Yellen pledges U.S. international cooperation, calls for global minimum tax | Business
[…] Mnuchin opposed last year, and said she will work with international institutions and partners on carbon emission reduction targets […]
0
Comprehensive Report on Hydrogen Generation Market Set to Witness Huge Growth by 2025 | Linde, Air Liquide, Air Products & Chemicals, Uniper, Engie –
icrowdnewswire.com – April 6
[…] green hydrogen fuel cell vehicles and 320 hydrogen refueling stations by 2025 to meet the global carbon emission standards […]
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The 2021 ELLE Green Beauty Stars
http://www.elle.com – April 6
[…] find something new next to the ingredients list: a Sustainability Facts panel, divulging the exact carbon emission impact that your face cream or mask has on the environment, as well as exactly how to recycle eac […]
7
Greenworks 12 Amp 20-Inch Lawn Mower
http://www.woot.com – April 6
[…] of performance and safety features that not only help you get the job done right, they also promise carbon emission free operation for a cleaner environment […]
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Yellen pledges US international cooperation, calls for global minimum tax, World News | wionews.com
[…] Mnuchin opposed last year, and said she will work with international institutions and partners on carbon emission reduction targets […]
4
Green Hydrogen Market Scope and Opportunities Analysis 2020– 2030
[…] Overview Demand for sources of renewable energy is rising across the globe in order to lower carbon emission […]
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Competition overview – Zero emission road freight – strand 2: hydrogen fuel cell vehicles – Innovation Funding Service
apply-for-innovation-funding.service.gov.uk – April 5
[…] non-committal) point Vehicle-specific requirements Your project must: propose a fully zero tailpipe carbon emission demonstration consider hydrogen fuel cell vehicles and infrastructure use ‘green’ hydrogen produced […]
0
New PPE face shields developed to help NHS go green
[…] PPE with Optec – a new biomaterial reusable face shield system designed to help the NHS reach its carbon emission reduction targets […]
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Fighting Climate Change with Innovation
concept.uwaterloo.ca – April 5
[…] more sustainable food by providing carbon footprint data and recommending alternatives to minimize carbon emission when buying groceries online through our browser extension […]
0
Volkswagen to buy CO2 credits from Tesla in China
[…] The so-called CO2 pooling is a controversial method of avoiding fines given tightening carbon emission fleet values in the EU […]
1
Considerations for financing low carbon projects in your organisation
[…]   £1bn Energy Fund For public sector organisations or business looking to cut carbon emission footprint […]
0
Cut back your consumption with these easy tips – A Modern Mom’s Life
[…] Perhaps now that I’m trying harder to purchase eco-friendly fabrics and low-carbon emission clothing items (which do cost more than “fast fashion”) I will have to find a great tailor, but s […]
1
Yannell PHIUS+ House is a Speculative Renovation
[…] homes across North America that have to be fixed if we are going to hit any of our 2030 targets for carbon emission reductions […]
4
Bureau Veritas commits to setting science-based emissions reduction targets
[…] Its carbon emission reduction targets for 2025 are currently being analyzed by the Science Based Targets initiative […]
1
Top 20 Best Apps for Apple Watch To Enhance Your Lifestyle
[…] Additionally, this app countervails the flight’s carbon emission by planting trees […]
6
Stanbic IBTC Begins SMS Banking for Customers’ Convenience
businesspost.ng – April 5
[…] the bank is committed to taking bold steps to reduce our carbon footprint, demonstrated in carbon emission from our business operations, travels, paper use and office waste disposal […]
1
The ‘happiness professor’ lobbying for a wellbeing factor in pandemic decision-making
[…] Lord O’Donnell points out that officials have for years put a number on items from carbon emission to noise reduction and injury […]
2
Yellen pledges U.S. international cooperation, calls for global minimum tax | Reuters
[…] Mnuchin opposed last year, and said she will work with international institutions and partners on carbon emission reduction targets […]
41
Renewables to meet 50% power requirement of Airtel-operated data centers –
[…] In FY 20, the company has achieved an average carbon emission reduction of 114% from the base year 2011-12 against the Department of Telecom’s target of 30% […]
1
Airtel’s Data Centers Go Green Sourcing Power from a 14 MW Captive Solar Project
mercomindia.com – April 5
[…] In FY 20, the company has achieved an average Carbon Emission reduction (CO2 /PB) of ~114% from the base year 2011-12 against the Department of Telecom’s targe […]
2
Basic Steel Products Trading Dubai (620+ verified listings)
dcciinfo.ae – April 5
[…] for generating renewable energy, for creating large buildings and for bringing down the levels of carbon emission […]
0
Sustainability | Special Issue : Carbon Neutrality and Multi-Dimensional Sustainable Urbanization in the Era of Climate Change and Anthropocene
http://www.mdpi.com – April 5
[…] This announcement is of great significance for the realization of global carbon emission reduction and Sustainable Development Goals (SDGs), and also sets a new target for China to dea […] process, and to play a scientific supporting role for China’s new-type urbanization and carbon emission reduction-related policy […]
0
Biden’s Jobs Plan Sets Bold Goals For Infrastructure, Climate Change, And The Economy | Vinson & Elkins LLP – JDSupra
[…] the Plan likely contains many of the elements that will be considered in determining the amount of carbon emission reductions the United States can commit to achieving […] Low or zero carbon emission generation creates a type of emission credit […]
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Brushless DC Motor Market – Outlook On Emerging Application, Revolutionary Trends & Potential Growth Strategies 2029 –
express-press-release.net – April 5
[…] Rising emphasis on fuel efficiency, adoption of new-energy alternatives, amid strict carbon emission regulations is also accelerating demand for brushless DC motors […]
1
Assessing water use, energy use and carbon emissions in lift-irrigated areas: a case study from Karshi steppe in Uzbekistan
cgspace.cgiar.org – April 5
[…] water conservation; water requirements; energy consumption; energy conservation; greenhouse gases; carbon; emission reduction; pumps; irrigation scheduling; steppes; river basins; farmers; case studies Countrie […]
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Absorbed Glass Mat (AGM) Separator Batteries Market to Reach US$ 28.5 Bn by 2027 – TMR
[…] sweep the globe on account of stringent government regulations pertaining to fuel consumption and carbon emission […] vehicles have led to an increased demand for battery-powered vehicles, owing to their low carbon emission profile […]
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Airtel expands Green Energy footprint; commissions captive solar power plant for its data centres in UP –
tele.net.in – April 5
[…] In FY 20, the company has achieved an average Carbon Emission reduction (CO2 /PB) of ~114 per cent from the base year 2011-12 against the Department o […]
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[…] British hedge-fund manager’s campaign to make large public companies set near-term targets for carbon-emission cuts is encountering challenges […]
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packagingsouthasia.com – April 5
[…] It plans to use at least 25% post-consumer recycled plastic (PCR) by 2025 and become a net-zero carbon emission company by 2039 […]
4
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www2.deloitte.com – April 5
[…] , machine vibration tolerance, truck route deviations, carbon emission yield increases), and interpret, curate, and visualize that data in meaningful ways to mak […]
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Bureau Veritas commits to setting emissions targets in line with climate science | Cyprus Shipping News
cyprusshippingnews.com – April 5
[…] Its carbon emission reduction targets for 2025 are currently being analyzed by the Science Based Targets initiative […]
1
PESTLE Analysis of Volkswagen
swotandpestleanalysis.com – April 5
[…] The goal is to discourage petroleum vehicles and reduce the carbon emission rate so that the automotive companies would manufacture vehicles accordingly […] CHEATING SCANDAL Volkswagen intentionally tricked the carbon emission test of diesel engine vehicles […]
6
Groningen Airport aims to be the first hydrogen valley airport
[…] A European idea going global The project is part of the wider aim to make Groningen Airport carbon emission free by 2030, seeing hydrogen as a key fuel source to achieve this goal […]
4
U.S. Records Biggest Energy Drop On Record: 7% In 2020
[…] The declines in carbon emission were led by the U […]
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Sustainable Future: Middle East and the Energy Industry
industrywired.com – April 5
[…] expected to emerge as a key player and facilitate the sustainable development of energy systems and carbon emission reduction goals […] This will substantially accelerate a shift from carbon-emission energy sources to green and sustainable energy systems to achieve an entirely sustainable program […]
1
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[…] This notwithstanding our global carbon emission contribution being a rounding error (0 […]

Dogecoin Price Falls Below $0.0025 for the Time Being

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Based on the current cryptocurrency market momentum, it is a bit unclear what the weekend will offer exactly. Although there is a fair bit of bearish pressure, which is only to be expected after a wild week, there is always a chance the markets will simply turn around on a dime. In the case of Dogecoin, the current trend may look worrisome, but that is not necessarily the case. Although most people would have liked to see the cryptocurrency bull run continue for months on end, that is not how most of these markets work exactly. Instead, there is always a need for a correction after strong gains in the past few days. In the case of Dogecoin, such a brief bearish trend could not be avoided altogether, although that doesn’t have to be a bad thing in the slightest. Read more…..

 

 

 

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