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feld (feld@bikeshed.party)'s status on Saturday, 08-Jun-2024 02:12:30 JSTfeld @thesquirrelfish @FluentInFinance @sun a CapEx project of buying/building a datacenter next to a nuclear power plant for dirt cheap energy in an area that is not at risk of flooding does not carry the same risks as a CapEx project to rebuild powerline infrastrucuture across the country or constructing residential/commercial properties in an area that will have to deal with hurricanes, wildfires, tornadoes, or coastal flooding.
Insurance will fill the gaps. They're not going to do these projects without insurance. The banks won't allow it.
I wouldn't concern myself so much about getting to zero emissions relatively quickly. The math really isn't in our favor here. We can get to zero in some areas e.g., like electrical generation, but that's only a tiny part of our real carbon footprint.
If we did it fast we'd suffer from a heat wave anyway. There will be repercussions from us changing the balance too quickly. We're already seeing it right now with a heat wave that is most likely caused by reducing sulphur emissions for shipping.
https://www.theguardian.com/environment/article/2024/may/30/termination-shock-cut-in-ship-pollution-sparked-global-heating-spurt