Mr. Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee and Mr. Dau Thanh Tung, Provincial Member, Vice Chairman of the Provincial People’s Committee witnessed the signing ceremony. Attending and witnessing the signing ceremony at the bridgehead of Thanh Hoa city were comrades: Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee; Head Thanh Tung, Member of Provincial Party Committee, Vice Chairman of Provincial People’s Committee; representatives of relevant departments. Delegates attended the signing ceremony at the bridgehead of Thanh Hoa city. Cong Thanh 1x600MW coal-fired clean energy project, designed according to supercritical technology to improve power generation efficiency and reduce CO2 emissions. According to the cooperation agreement, Trung Nam Electricity Design Institute will arrange for a commercial loan of about 1 billion USD to Cong Thanh Group to implement the project. With this cooperation agreement, the two sides expect that Cong Thanh 1x600MW Coal-fired clean energy project will be a green, clean, advanced thermal power project in harmony with nature; become a bridge for the two sides to cooperate in business, share and develop together. Trung Nam Electricity Design Institute is committed to focusing resources and techniques to implement the Project, meeting the requirements of a thermal power project using supercritical clean technology. Overview of the signing ceremony in Thanh Hoa. Speaking at the ceremony, Mr. Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee congratulated Trung Nam Institute of Electricity Design and Cong Thanh Group on reaching capital arrangement agreements, creating an important first step to develop the project. deploying 1x600MW Cong Thanh coal-fired clean energy project. This is one of the important projects for the development of Nghi Son Economic Zone in particular and Thanh Hoa in general. Comrade Lai The Nguyen, Standing Deputy Secretary of the Provincial Party Committee spoke at the signing ceremony. Standing Deputy Secretary of the Provincial Party Committee Lai The Nguyen expressed his hope that the parties would reach further cooperation agreements to soon implement the project in reality. Thanh Hoa will create all the most favorable conditions for the parties to implement the project according to the plan, contributing to the common development.

Illustration – Photo: Reuters. In a status line (tweet) on the social network Twitter on May 12, Tesla CEO (CEO) Elon Musk suddenly announced that this electric car company stopped accepting Bitcoin as a means of payment when customers buy a car. . This statement by Mr. Musk – who has expressed a pro-crypto stance – shocked investors and caused a sell-off. The reason the world’s second-richest billionaire gave for the reversal is the risks that virtual currencies pose to the global environment. Bitcoin price immediately dropped after Mr. Musk’s tweet was posted. At more than 7:00 am on May 13, Vietnam time, Bitcoin price according to data on Coinmarketcap.com page slipped below $ 50,000, down more than 13% compared to the time 24 hours ago. Many other “hot” virtual currencies also dropped sharply, such as Ethereum down more than 6%, Dogecoin sliding 14%… In February, Musk revealed that Tesla had poured $1.5 billion into Bitcoin and said the company would soon accept Bitcoin as a means of payment when customers buy a car. That information immediately pushed the Bitcoin price up 20%. By March, he said Tesla customers were able to pay with Bitcoin. In a tweet on May 12, Musk said Tesla will not sell a single Bitcoin, but instead intends to use Bitcoin for transactions as soon as Bitcoin mining moves to using other energy sources. more sustainable quantity. “We are also looking at other cryptocurrencies that use less than 1% of electricity like Bitcoin,” Musk wrote. Bitcoins are “mined” by competing high-performance computers solving complex math problems, and the process consumes enormous amounts of power. The source of electricity for Bitcoin mining is usually thermal power, especially coal-fired power plants, posing a great concern about environmental pollution. At current rates, Bitcoin mining pools used as much energy as the entire Netherlands in 2019, according to data from the University of Cambridge and the International Energy Agency (IEA). Musk himself is a supporter of virtual currencies, and his statements often cause cryptocurrency prices to fluctuate wildly. However, he is also an advocate of clean technology. “Cryptocurrency is a good idea in many ways, and we believe it has a promising future. But that can’t come with a huge loss to the environment,” Musk said. Bitcoin price movement in the last 7 days – Source: Trading View. According to blockchain analysis companies, Bitcoin could in theory be traceable, raising the possibility of “green” Bitcoins having a higher price tag. Stronger climate change policies by countries around the world can also help in this. However, some Bitcoin advocates say that the current financial system – with millions of employees and computers in air-conditioned offices – also uses an overwhelming amount of electricity.