The reporting on climate change continues to be abysmal. The two most salient facts: that there is a huge time lag between emissions and warming, and that total warming will depend on the developing world—are completely absent from the "climate emergency" framing. But sure, NFTs.https://twitter.com/nytimes/status/1384216535460311051 …
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One of the many lessons of covid that got ignored was that even with a radical shutdown of the world economy, we could not get to zero emissions, let alone the negative emissions we'll need to keep the earth recognizably the same. But it's still portrayed as a lifestyle choice
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Replying to @Pinboard
But this isn't about lifestyle choices, it's about if we as a society accept a new avenue of economic activity with a potentially significant impact on emissions for (subjectively) low value gain (not talking market value)
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Replying to @croncobaurul
Implying that cryptocurrency or NFTs has any impact whatsoever on climate is the framing that upsets me. I think it's perfectly fine and laudable to highlight how wasteful they are of energy
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Replying to @Pinboard
But aren't the two analogous (with our current energy mix)? If they scale up to the level their proponents want to and they continue to be as wasteful of energy (and dissipating heat in the meantime) then they will have a material impact on climate change.
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The problem in all climate coverage right now is lack of any sense of proportion. Yes, maybe we'll retool the economy so that it is 100% dedicated to mining NFTs, and in that case the climate impacts will be relevant.
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