Anirvan Chatterjee"Worldwide, nearly 60% of the electricity used by data centers comes from fossil fuels including natural gas…while the share of renewable energy is increasing, the rapid growth in the demand for data centers is outpacing the expansion of renewable energy infrastructure, posing a challenge to the climate goals of countries and tech companies alike."
Paul Wermer, CC BY-NC-SA 4.0@anirvan
In other words, we were well on our way to decarbonizing our energy supply, and the billionaires figured out that there are even more profitable ways to waste energy than bitcoin.
Anyone who believes market forces, or market forces influenced by carbon taxes, are sufficient to address #GHGemissions, #ClimateCrisis , #EcosystemDamage haven't been paying attention. Or they are worshipping at the altar of Friedman, ruled by faith in a false idol.