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   Glyn Moody (glynmoody@mastodon.social)'s status on Saturday, 23-Nov-2024 18:57:54 JST Glyn Moody

   A proposed climate tax on crypto mining is gaining momentum - https://www.theverge.com/2024/11/22/24302303/crypto-mining-climate-change-levy-tax-bitcoin "A levy on energy-hungry crypto mining could raise billions of dollars for climate action. " #sensible

   • Embed this notice
     Glyn Moody (glynmoody@mastodon.social)'s status on Saturday, 23-Nov-2024 19:37:50 JST Glyn Moody

     in reply to

     • Greenpete

     @greenpete that too would be good

   • Embed this notice
     Greenpete (greenpete@lor.sh)'s status on Saturday, 23-Nov-2024 19:37:52 JST Greenpete

     in reply to

     @glynmoody How about a tax on 'AI' then?
     I suspect that uses way more power.

   • Embed this notice
     Mark Hughes (markhughes@mastodon.social)'s status on Saturday, 23-Nov-2024 20:31:03 JST Mark Hughes

     in reply to

     @glynmoody It would be great better to tax based on climate impact of the type of energy production than target one unpopular use case.

     Lots of #crypto mining is done using renewables and can be argued to be driving development of renewables to some extent.

     If you tax the climate cost at source you catch all users, including AI data centres, and further drive renewable energy production.