1/ controversial topic: western economies are going to die due to poor energy policy, ESG is a mental illness

energy consumption in western economies down over the last decade. economic systems consume energy. declining consumption is a leading indicator of low systemic output. 
 https://i.imgur.com/ov3wxbb.jpg

3/ and a belief in / capital allocation to solutions that don't scale, lead to unprecedented environmental degradation, and make economies weaker and poorer

makes me depressed man

2/ capitalism of any kind is predicated on limitless growth, which requires better and more dense sources of energy, not less consumption

a decade of fear mongering, bad policy, pseudoscience, and ESG grift has resulted in a population that is ignorant about the fundamental relationship btw energy and economic growth

10 years in crypto. co-founder of @syndicate

energy efficiency has limits and should be displaced by consuming higher tech goods (requiring more HPC and therefore energy)

digital goods require energy consumption and have a very physically intense value chain, starting from semis to data centers to devices themselves and their energy consumption

🤔 

makes me wonder about:

1/ energy efficiency

2/ physical vs. digital GDP

I can't recommend enough to watch conferences from French engineer specialized on climate change, Jean Marc Jancovici explaining our complex energy consumption system in very simple and understandable terms.
https://www.youtube.com/watch?v=s254IPHXgVA