3 ms·
If you're not just reacting to the focus on crypto mining, but actually interested in the answer to your question, then the answer is yes. In fact, energy effi
by pwinnski 6y ago
If you're not just reacting to the focus on crypto mining, but actually interested in the answer to your question, then the answer is yes.
In fact, energy efficiency[0] is a large area of focus, especially with regard to ongoing climate change[1]. You might have noticed a shift in things like light bulbs building standards and so on. We've made progress[2], and so it is really hard for people celebrating that progress when they see a sudden boom in energy use to create wealth for a very tiny subset of people, a boom in use that threatens to undo all of our progress and then some.
0. https://www.energy.gov/science-innovation/energy-efficiency https://www.energy.gov/science-innovation/energy-efficiency
1. https://www.weforum.org/agenda/2019/09/why-investing-in-renewable-energy-is-good-for-the-environment-and-society/ https://www.weforum.org/agenda/2019/09/why-investing-in-rene...
2. https://www.nrdc.org/experts/sheryl-carter/ramping-energy-efficiency-key-address-climate-change https://www.nrdc.org/experts/sheryl-carter/ramping-energy-ef...
- throwaway20875 6y ago>a boom in use that threatens to undo all of our progress and then some Then we're back to policing people's energy use. There will be little ROI in going down this path, and a huge opportunity cost. This is all not to mention the incentives driving crypto. We have many smart minds engaging in this realm - imagine if those same minds were allocated, via a better economic system, to improving our energy production and distribution. Addressing that dilemma is real policy. Unfortunately, in the West we play whack-a-mole and end up with policies to address the effects of prior policies.