in the face Due to rising homelessness, rising crime, and inadequate public transit in San Francisco, many technology-affected people are placing bets for geographic areas that provide a more welcoming climate for conducting business and investing. But the ongoing disaster in Texas makes a cold truth very clear: no place is safe from America’s failure to invest in infrastructure or take climate change seriously.
The cries of America’s energy industry being crippled expressed its inability to create its own power grid for “once in a century storms”, saying that fast looks to come every 10 years (one such event Called Texas Tech climate scientist Christine Hayhoe. Global Wearing “) underscores a point that should have taken place years ago: by refusing to invest in adequate public infrastructure, the nation is led by the health and safety of its citizens Has failed to perform its basic duty of safety.
And the shocks resulting from these investment failures will affect without any means or willingness to leave the country altogether.
This failure reaches the COVID-19 epidemic, which is on track to kill half a million people in the US, killing millions of people across the country without sufficient heat, water, and sometimes food or shelter. Used to face The harsh cold that hit the country.
The catastrophe also reflects the inhumanity of the many issues currently consuming the technology community that holds it in such high regard as pillars of rational discourse and as future architects of America.
Investors who missed California’s broken, over-regulated dystopia are now trying to change their zip code for the broken, under which-Heated dystopias
The problem is that they are moving forward without facing the core issues that make these areas unsuitable for a large segment of the population. And this is due to the historical failure to engage in any politics that is not directly tied to the bottom line of corporations formed by these entrepreneurs or financed by their investors.
Michael Solana, as a vice president in the founding fund, noted in a magnum opus on the substance of his pirate stars:
The truth is that, while technical staff had indeed considered an important measure of political influence, and led in local politics, San Francisco would be one of the greatest cities in the world today. But not only was such political influence not attained, it was never attempted. During the most recent technology boom of the last fifteen years, there has been almost no meaningful engagement from industry to local politics.
It is not as if the problem of Texas has been solved by many in the tech community, or Florida (California is a different kind of disaster).
In Texas, the lack of regulations surrounding construction and the state’s independent energy grid have made it more vulnerable to catastrophic climate-related events – whether it was 2017 Hurricane Harvey or this year’s deadly winter storm that hit their homes , Killed Texas in vehicles and backyards.
California can claim that its grid is thwarted by fewer megawatts than Texas – but the overall consequences of natural disasters, blackouts, billions of dollars of damage and deaths are very similar.
Surveying this broken world, many people in the tech community decided that the best outcome was to try the same thing elsewhere. But they are going to face similar problems in Florida or Texas.
Do homeowners worried about construction reduce the value of their properties? Check. Mass Income Inequality? Check. An unwillingness to put in effective oversight that cannot ensure failures? Check.
The differences that states offer are lower taxes for the wealthier, meaning that greater ability to pay privately for services ensures that the burden of climate change shifts to their new waterfront homes. Don’t fall on billionaires.
Through all of this the through line is a cynicism and a sign of responsibility that the smallest amount is paid to solve climate problems by the thinnest lips.
One step ahead, eleven seven back
Do not think that I am only cynical about what some tech companies are doing when the increasing devastation of climate change and dismantling American infrastructure.
And why Ilon Musk would commit $ 100 million in crime for the carbon capture award, while his publicly traded energy company invests $ 1.5 billion in bitcoin? Some analysts speculate that the cryptocurrency deal and the resulting skyrocketing price will offset all gains in emissions offset by using every Tesla ever made.
“The immediate effect of the purchase of Tesla is that the price of bitcoin exceeded $ 5,000. We can estimate that this would give a boost to networks consuming an additional 34 TW of electrical energy per year. It is about the size of a country such as Denmark’s total annual electric power requirement. We can also estimate that an additional 17 million metric tons of CO2 will be extracted by the network every year, ”wrote Alex De Vries, founder of Digiconomist, the founder of the cryptocurrency analysis site. “According to Tesla, the amount of CO2 saved by Tesla vehicles is up to 3.7 million tonnes. The amount of additional CO2 produced by the Bitcoin network as a result of Tesla’s purchase, thus exceeding the amount of CO2 produced by all their vehicles to date The amount will be. “
Some argue that bitcoin mining uses an odd amount of renewable energy to produce cryptocurrencies, but this argument is complicated by seasonal sources of renewal that miners (especially Chinese miners who produced the bulk of bitcoin) Are) rely on for strength.
Tesla could potentially make more money from that investment than the sale of cars, and has certainly promoted emission-sprouting mining processes that greatly erode digital printers of bitcoins. All of which make the company’s commitment to combat climate change seem a bit credible.
The most disappointing thing about all this is that entrepreneurs and investors are working on solutions to the climate crisis. There exist techniques that can help solve some of the issues that have hit these cities. And there is something for the Arabs to solve which is a very high survival problem.
Unfortunately, unlocking those bills in a time frame that is viable for the survival of society requires the type of policy movement and engagement that many tech investors would assign to another person, as they would be more Become temperate, and tax is paid.
With the rise of water and falling temperatures, perhaps a good microgrid can be purchased for power or a large boat from those tax savings. Given the cost of climate change at about half a trillion dollars annually by the end of the century, it would be a much larger boat.