Lifeboat Foundation

“In an effort to spur further climate action at this year’s Global Climate Action Summit in September and at the United Nations Climate Change Conference (COP24) in December, Summit co-chair and Mahindra Group Chairman, Anand Mahindra today challenged businesses around the world to join the growing number of companies committed to setting greenhouse gas reduction targets in line with climate science.”

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“A rapidly growing group of ambitious multinational businesses are actively reshaping the energy market through their global investment decisions and accelerating a zero emissions economy, a new report released today (Tuesday January 23) shows.”

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“The historic Hearst cattle ranch has become a hybrid solar farm for Apple’s Cupertino campus.”

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“To encourage exploration and eventual use of this technology in support of climate action, the UN Climate Change secretariat initiated and facilitated the creation of the Climate Chain Coalition and contributed to the writing of its charter of principles and values … ”

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Some blogs and news outlets eschew long titles. Publishers want readers to scan a list of topics that fit on one-line each. But, a better title for this article would be:

“Massive electric consumption by cryptocurrency mining:
An unfortunate environmental nightmare will soon pass!
… Proof-of-Work alternatives are on the horizon”

A considerable amount of electricity is used in the process of mining Bitcoin and other cryptocurrencies. Miners are effectively distributed bookkeepers, and this use of resources is part of a system called “proof-of-work”. It keeps the books fair, honest, and without an ability for the miners to collude (In other words, they cannot ‘cook the books’).

Continue reading “Proof-of-Work Alternatives: Massive electric consumption by cryptocurrency mining” »

“A review of the most important developments in rate design, distributed energy deployments, and utility business models.”

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“In Human Time, the first exhibition of the Climate Museum, explores intersections of polar ice, humanity, and time through installations of work by Zaria Forman and Peggy Weil.”

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“ “What we can say now is that the impact [of ESG issues] on risk, volatility and valuation is clearly statistically significant.” ”

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