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citations: USMilitary 59 M Tons 2017: https://www.forbes.com/sites/niallmccarthy/2019/06/13/report-the-u-s-military-emits-more-co2-than-many-industrialized-nat

citations: USMilitary 59 M Tons 2017: https://www.forbes.com/sites/niallmccarthy/2019/06/13/report-the-u-s-military-emits-more-co2-than-many-industrialized-nations-infographic/?sh=37a99774372f https://www.forbes.com/sites/niallmccarthy/2019/06/13/report... BTC: 37M M tons - https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-worries-about-its-massive-carbon-footprint.html https://www.cnbc.com/2021/02/05/bitcoin-btc-surge-renews-wor... BTC: 130 M tons China - https://cacm.acm.org/news/251829-bitcoin-mining-emissions-in-china-will-hit-130-million-tons-by-2024/fulltext#:~:text=Bitcoin%20Mining%20Emissions%20in%20China%20Will%20Hit%20130%20Million%20Tons%20by%202024,-By%20New%20Scientist&text=Researchers%20at%20China's%20Tsinghua%20University,emissions%20from%20China's%20electricity%20generation https://cacm.acm.org/news/251829-bitcoin-mining-emissions-in.... Banks: 1040 M tons - https://www.bloomberg.com/news/articles/2021-04-27/banks-produce-700-times-more-emissions-from-loans-than-offices https://www.bloomberg.com/news/articles/2021-04-27/banks-pro...

wiml 5y ago
It sounds like banks are being credited with the carbon emissions of everything they loan money to? Should the US military be credited with the carbon emissions of everything they either defend or attack?
- musesum 5y ago
  The article wasn't very clear; I think it means the related footprint of internal operations, such as real estate, employee travel, and the like. At least, if you go by https://www.epa.gov/climateleadership/scope-3-inventory-guidance https://www.epa.gov/climateleadership/scope-3-inventory-guid... The military is a separate article. A sankey diagram would be less ambiguous: https://flowcharts.llnl.gov/ https://flowcharts.llnl.gov/
spiralx 5y ago
So banks actually produce about 1.5M tons of emissions then according to your link.
- musesum 5y ago
  > So banks actually produce about 1.5M tons of emissions then according to your link. Wrong; Gigatons.
  - spiralx 5y ago
    It said emissions from activities relating to loans are 700x direct emissions, 1.04 Gt / 700 is 1.5 Mt.
    - musesum 5y ago
      What's the total addressable market for disrupting carbon footprint of banks? When every person is their own bank, there is less need for brick-and-mortar real estate, the employees commuting, and the like -- what the EPA calls "Scope 3" effects, as per: https://www.epa.gov/climateleadership/scope-3-inventory-guidance https://www.epa.gov/climateleadership/scope-3-inventory-guid.... The above carbon TAM is why I'm pro-crypto, as soon as we move past PoW.

wiml 5y ago

It sounds like banks are being credited with the carbon emissions of everything they loan money to? Should the US military be credited with the carbon emissions of everything they either defend or attack?

musesum 5y ago
The article wasn't very clear; I think it means the related footprint of internal operations, such as real estate, employee travel, and the like. At least, if you go by https://www.epa.gov/climateleadership/scope-3-inventory-guidance https://www.epa.gov/climateleadership/scope-3-inventory-guid... The military is a separate article. A sankey diagram would be less ambiguous: https://flowcharts.llnl.gov/ https://flowcharts.llnl.gov/

spiralx 5y ago

So banks actually produce about 1.5M tons of emissions then according to your link.

musesum 5y ago
> So banks actually produce about 1.5M tons of emissions then according to your link. Wrong; Gigatons.
- spiralx 5y ago
  It said emissions from activities relating to loans are 700x direct emissions, 1.04 Gt / 700 is 1.5 Mt.
  - musesum 5y ago
    What's the total addressable market for disrupting carbon footprint of banks? When every person is their own bank, there is less need for brick-and-mortar real estate, the employees commuting, and the like -- what the EPA calls "Scope 3" effects, as per: https://www.epa.gov/climateleadership/scope-3-inventory-guidance https://www.epa.gov/climateleadership/scope-3-inventory-guid.... The above carbon TAM is why I'm pro-crypto, as soon as we move past PoW.