3 ms·
> So banks actually produce about 1.5M tons of emissions then according to your link. Wrong; Gigatons.
by 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.