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So banks actually produce about 1.5M tons of emissions then according to your link.
by 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 agoIt said emissions from activities relating to loans are 700x direct emissions, 1.04 Gt / 700 is 1.5 Mt.
- musesum 5y agoWhat'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.