“正午阳光——青年学者论坛”是金融学院定期举办的以院内师生参与为主的学术交流活动，为全院专家学者之间、师生之间、南开金融与国际国内学术界之间提供了难得的交流机会。本学期“正午阳光”论坛初心不改，扬帆远航再出发，致力于营造学院学校科研氛围，推动师生学术科研水平不断提升！

2024年春季学期 “正午阳光——青年学者论坛”第六期活动安排如下：

讲座题目：A story of fire and water: cryptocurrency mining, power choice，and Environmental cost

主讲人：张帆

暨南大学经济学院助理教授，于新加坡国立大学获得博士学位，并于南开大学获得硕士和学士学位，研究兴趣包括环境经济学、发展经济学和家庭金融。其研究成果已发表或接收于在Economic Journal, Journal of Health Economic, Journal of Environmental Economics and Management, Financial Management, Real Estate Economics等期刊。

点评人：张云齐

南开大学金融学院长任副教授（正高），研究领域包括银行、公司金融、消费金融、资本市场等。研究成果发表于Management Science, JFQA等多个国际顶级期刊，主持国家自然科学基金、教育部人文社科基金等多个科研项目，并担任数十本国际知名期刊评委和多个国际会议评审委员会委员。

讲座时间：2025年4月24日（周四）12:00-13:30

讲座地点：金融学院116教室

内容摘要

We investigate the environmental impacts of cryptocurrency in China. We find a robust pattern of seasonal migration of Bitcoin mining activities that aligns with the country's monsoon seasons. Bitcoin mining requires a significant amount of electricity. Miners typically operate in cities with substantial hydroelectric power resources to take advantage of lower electricity price. However, during the dry season, when water scarcity increases electricity prices in these areas, miners relocate to cities with more coal-powered electricity supplies. This shift to coal-powered electricity for Bitcoin mining results in a notable increase in SO2 emissions, contributing to a 15% rise in annual SO2 emissions in China. Our study highlights the significant and adverse environmental consequences of cryptocurrency mining activities.