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Indeed, targetting a specific industry seems like too focussed and approach that won't actually solve much. Especially when you have e.g. the aluminium smeltin
by grlass 6y ago
Indeed, targetting a specific industry seems like too focussed and approach that won't actually solve much.
Especially when you have e.g. the aluminium smelting industry that uses around 10x more energy*. Arguably more useful, but the externalities of using unclean energy for that process, and all other unclean energy consuming industries, should still be priced in.
If cryptocurrency miners want to use that energy, they can knock themselves out, but they should at least be strongly economically incentivised to do it in a CO2-minimizing way.
* (15,000 kWh per tonne) * (63.2 million tonnes annually) = around 948 TWh
sources:
- https://aluminiumleader.com/production/how_aluminium_is_produced/ https://aluminiumleader.com/production/how_aluminium_is_prod...
- https://agmetalminer.com/2015/11/24/power-costs-the-production-primary-aluminum/ https://agmetalminer.com/2015/11/24/power-costs-the-producti...