We're not doing any of this because a lot of people were going to catch a cold. We're not destroying our economies and societies because a tiny number of people felt tired for a few months after a cough. We aren't allowing babies and children to die because a new strain
In nine months of being immersed in this swamp of information, I have still not found an explanation of what
I think the most important question is this:
What scientific or medical reasoning prevented the message to the public being something along these lines:
Why not that?
Rather than, "Covid-19 disease is here to kill you all."
More from Economy
Let's discuss how little you actually understand about economics and energy.
The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.
In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:
Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.
You wouldn't argue that we are producing *too much* electricity from renewables, right?
"But what about the carbon footprint! ITS HUGE!"
Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?
Well that's exactly what some have done.
The first thing to understand is that energy is not globally fungible. Electricity decays as it leaves its point of origin; it’s expensive to transport. There is a huge excess (hydro) in many areas.
Let's discuss the environmental cost of bitcoin. Because despite all the push for sustainable and green investment in the tech sector, there's a giant smoldering Chernobyl sitting at the heart of Silicon Valley which a lot of investors would prefer you remain quiet about. \U0001f9f5 (1/)
— Stephen Diehl (@smdiehl) January 17, 2021
In other words, it can also be variable. It's estimated that in Sichuan there is twice as much electricity produced as is needed during the rainy season. Indeed, there is seasonality to how Bitcoin mining works. You can see here:
Bitcoin EXPORTS energy in this scenario. Fun fact, most industrial nations would steer this excess capacity towards refining aluminum by melting bauxite ore, which is very energy intensive.
You wouldn't argue that we are producing *too much* electricity from renewables, right?
"But what about the carbon footprint! ITS HUGE!"
Many previous estimates have quite faulty methods and don't take into account the actual energy sources. Is it fair to put a GHG equivalent on hydro or solar power? That would seem a bit disingenuous, no?
Well that's exactly what some have done.
