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Tag: IEA

The Electric Revolution: EV Sales Doubled in 2021 and Are Surging This Year Too

electric car charging station EVs
Electric vehicles (EVs) will play a crucial role in decarbonizing our transport systems and helping us avoid the worst effects of climate change. The latest figures suggest they are making major inroads into the automotive industry after sales of plug-in electric vehicles nearly doubled in 2021. While battery-powered cars broke into the mainstream almost a […]

Why The Proposed EU Bitcoin Ban Would Have Been A Mistake

The proposal, while shot down, is an example of growing misdirection in regulatory stances.

The Questionable Ethics Of Bitcoin ESG Junk Science

Bitcoin environmental concerns are often portrayed in misleading and exaggerated ways contrary to proper research.

China Plans to Build 450 GW of Wind and Solar Power in the Desert

renewable energy wind solar gobi desert china
Last year the Chinese government set an ambitious energy target, aiming for 40 percent of its grid’s power to come from non-fossil fuel sources by 2030. President Xi Jinping also said China will be carbon neutral by 2060. This week the country put its money where its mouth is, announcing construction of 450 gigawatts (GW) […]

Oil down 10% from Sunday’s high, gold pivots at USD 2000

Oil  Crude prices are declining after Ukraine President Zelensky signaled he has ‘cooled down’ regarding the question of Ukraine joining NATO and as optimism grows that the economic impact of sanctions is weighing on the Russian economy and that President Putin might try to avoid a long war. Adding to the earlier selling pressure was […]

Dispatch From Georgia: Why Is This Small, Former Soviet Country So Popular For Bitcoin Mining?

Bitcoin miners have an outsized presence in Georgia, but what’s so special about the country’s attitude, energy mix and regulatory environment?

Oil prices climb, gold stopped by yields

Oil jumps as IEA confirms tight market conditions Oil prices are rallying once more as the IEA raised forecasts for demand this year and confirmed that OPEC+ missed its output targets again in January and by an even wider margin of 900,000 barrels. The group acknowledged that the market is tight right now while highlighting […]

Will Crypto Mining Survive Another Government Crackdown?…

Crypto mining has been an environmental  issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will it mold with the time and adapt with the land before governments continue to attack Crypto currency. Related Reading |Elevate Brands Offering Bitcoin Payouts on Coinbase Prime Crypto War With  Mining …   China has been in the for front of crypto bans and the war between the two parties only grows and gets more harsh. China slapped a ban on Bitcoin (BTC) mining, trading and crypto services,The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. A-lot speculation on other to follow such as turkey and India but one thing we know is china is a huge influencer impact on the way some countries operate to have them ban this is only going to inspire more to follow. The problem with crypto mining is the carbon footprint it leaves on this planet and how it impacting the natural resources we have left.Currently, less than one-third of global electric power is sourced from renewables. If this share went fully toward cryptocurrency mining, perhaps it could lend it a semblance of sustainability, but it would be little more than a fig leaf.   BTC: BTC is currently the largest crypto BTC-USD on TradingView.com Grabbing At The Gold… After chinas ban it didn’t take long for the US to become one of the leaders in crypto mining with Russia and many to follow, This could stem from each countries hunger to become the world leader and first on the crypto train. The United States sprung at the opportunity created by the Chinese ban to become the world’s new mining hub. In Asia, Kazakhstan and Malaysia are ramping up mining operations, as are Germany and Ireland in Europe and Iran in the Middle East, according to recent stats. The effort to keep crypto mining chugging along is making for some very strange geopolitical bedfellows. Bitcoin was revolutionary when it came out in 2008. It paved the way to a new digital economy. Proof-of-work was a revelation in terms of decentralization and security, but its lack of efficiency presented us with a ticking time bomb. This bomb is going off now.   Finding a way to switch out the source and technology used to mine will help it stay alive we are watching and prolonging a demise that has been heaping for a while due to how aware and bug climate change is and the popularity and growth of crypto. Yes the United States is going hard but how long and when will they stop using coins like Bitcoin and look into more energy friendly  projects; we cant assure anything but only look at what’s happening around us as crypto gets big so will the demand and need that will keep mining going but also at war until a new solution is brought up. Related Reading |Cardano Whales Double Holdings In 10 Days. Will This Stop The Onslaught?  

Oil rally wanes, gold edges higher

Oil rally finally losing momentum Oil has been on a remarkable run in recent weeks driven by very bullish fundamentals as disrupted supply struggled to keep up with strong demand. OPEC and the IEA have referenced the resilience of demand since the emergence of omicron in recent weeks and the inability of OPEC+ to hit […]

How Will the World Generate Enough Electric Vehicles and Batteries?

The era of electric vehicles has arrived. Earlier this year, General Motors announced plans to phase out gasoline and diesel vehicles by 2035....

As Electric Vehicles Gain Popularity, We Will Need To Recycle Their Batteries

Last week, Ford debuted the F-150 Lightning, an all-electric version of the best-selling vehicle in America. In many ways, the 530-horsepower 6,500-pound truck...

Cambridge and IEA data shows bitcoin carbon intensity peaked last year

Worst case projections seem to suggest that bitcoin emissions will be down by more than two-thirds in five years.

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