Daniel Batten Profile picture
Jun 21, 2023 9 tweets 3 min read Read on X
1/9

Incredibly, in 2032 Landfills are projected to become the biggest source of our strongest lever to reduce climate change

Here's why that's true, and more importantly how we can pull that lever Image
2/9

Until 2022, we thought our methane emission sources looked like this

source: worldbank.org/en/news/factsh… Image
3/9

But then NASA revealed the results of 6 years satellite monitoring of landfills Image
4/9

Our methane emissions actually look like this Image
5/9

However, landfills emissions are growing at 1.4% p.a.

This is double the compound annual growth of agriculture at 0.7%

Based on this, landfills will become our major source of our strongest lever to reduce climate change (methane) by mid-2032

That's just 9 years away Image
6/9

The best way to reduce that methane is to turn it into electricity. Here's a landfill I visited earlier this week that's been doing this for 20 years.

This is their carpark. You can plug in your eV to recharge off electricity produced by landfill gas ! Image
7/9

They create that electricity by purifying the landfill gas then piping into these things: generators.

This is generator 13 and 14. Yes they have 14

They generate 14 MW of electricity, which not only slashes carbon emissions, it earns the landfill ~USD6Million per yr. Image
8/9

So if its so good for the environment and lucrative, why isn't every landfill doing it?

Simple: only 30% of landfills can sell power back to the grid

For the other 70%, the grid is not equipped to take extra power without major upgrade

source: EPA/Vespene
9/9

So sadly, these 70% of landfills continue to emit huge volumes of methane

If only there were a user of that power that could locate at the landfill, without even needing the grid

Then we'd have a solution for our soon-to-be #1 source of methane worldwide

If only🤔

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More from @DSBatten

Feb 14
0/7

Waited 34 months for this moment!

In March '22 I said that Bitcoin mining helps avoid expensive grid upgrades and decarbonize grids, a lot of non-Bitcoiners were skeptical

Now, a Duke University Report confirms all this and more



Report TL;DR
👇 nicholasinstitute.duke.edu/sites/default/…Image
1. More flexible load can mean avoiding grid upgrades

"To the extent a new load can temporarily curtail its electricity consumption from the grid during these peak stress periods, it may be able to connect while deferring—or even avoiding—the need for certain [grid] upgrades"
2. Bitcoin mining found to be the Rolls Royce of flexible load

The report singled out one company for achieving "a 95% load reduction during peak demands (Riot Platforms 2023)."

Non-Bitcoin data centers were unable to demonstrate anything near this level of load curtailment
Read 10 tweets
Dec 28, 2024
1/17
You've read many times Bitcoin is bad for the environment. But now you're confused. The media, sustainability magazines, even peer reviewed journals are saying it can support climate action.

Next-level greenwash?

There a reason the message has changed. Let's dive in
👇 Image
2/17
The change in message has less to do with Bitcoin than something psychologists call "negativity bias"

Imagine it's 100,000BCE. You see an animal silhouette on the horizon. Is it your food, or you're it's food?Negativity bias says "assume in the negative and run!" (away) Image
3/17
We have done the same for all novel technologies from the telegraph to the Internet, in an unbroken 160-year stream of negative press for their first 15 years.

Even the innocuous-seeming bicycle did not escape this negativity bias ! Image
Read 17 tweets
Jul 2, 2024
1/10

10 images that forever changed our perceptions about Bitcoin and energy

1. Rhodes et al showed that flexible datacenters like Bitcoin mining allow grid owners to stack more intermittent renewable energy sources onto the grid

Source:
🧵lancium.com/wp-content/upl…Image
2. This powerful chart from @woonomic showed that Bitcoin mining is now more sustainable than the industries it can in theory obviate (banking, as a method of transacting. Gold, as a store of value)

Source: woocharts.com/esg-bitcoin-mi…
Image
3. This image from Dr Rian Dewhurst showed that unlike other industries, over 61% of all Bitcoin mining companies use sustainable energy or carbon negative energy sources.

This high adoption rate helps create more demand for renewable energy

Source: docs.google.com/spreadsheets/d…
Image
Read 10 tweets
Jun 26, 2024
1/7
Slowly then suddenly

This thread lists the recent

✅4 sustainability magazines (& a climate conference)
✅4 ESG charts
✅5 Independent Reports
✅11 recent media reports
✅8 peer reviewed publications
✅3 reports from WEF

covering Bitcoin's environment benefits
👇
4 sustainability magazines covering Bitcoin mining's positive environmental impacts

1. Bitcoin mining could help wind and solar development (Anthropocene Magazine)

2. How Bitcoin is aiding the renewable transition (Recharge Magazine)

3. Landfill Gas methane mitigated with Bitcoin Mining (Renewable Energy Magazine)

4. Bitcoin mining is more sustainable than previously thought (One Green Planet) …

... and the San Francisco climate conference also recently featured a panel discussion on the environmental benefits on Bitcoin mininganthropocenemagazine.org/2023/12/wind-a…
rechargenews.com/energy-transit…
renewableenergymagazine.com/biogas/compani…
onegreenplanet.org/environment/sh…Image
4 new charts, based on the BEEST model used by Bloomberg Intelligence and Realvision

1. Bitcoin is now over 55% powered by sustainable energy


2. Bitcoin emissions have not increased in 4 years, despite rising hashrate and price 👇


3. Percentage-wise, Bitcoin mining is leading the world in methane mitigation, with 7.45% of all network emissions now being abated through methane mitigation


4. Bitcoin emission intensity has halved in the last 4 years, to be the lowest of any global industry


Model & Methodology

Raw data woocharts.com/esg-bitcoin-mi…
woocharts.com/esg-bitcoin-mi…
woocharts.com/esg-bitcoin-em…
woocharts.com/esg-bitcoin-mi…
batcoinz.com/BEEST
docs.google.com/spreadsheets/d…Image
Read 7 tweets
May 22, 2024
1/9

There is $35.7Tr in sovereign funds

✅Almost all of them want to buy Bitcoin
❌Almost none of them can

Why?

And more importantly, how do we change that?
(a thread) Image
2/9

Sovereign funds hold the wealth of nation states.

@saylor recently said "You'll see sovereigns wealth funds move before the sovereign"

Days ago, Wisconsin announced it had bought~$100M of #BTC

reuters.com/markets/curren…
Image
3/9

As we've learnt though, a leader needs a first follower.
3 years ago:

🇸🇻 El Salvador was the leader among nation states
🪙 Microstrategy was the leader among pubcos

3 years later, both are waiting for a first follower.

So how do Sovereign Funds avoid the same fate? Image
Read 9 tweets
Apr 22, 2024
1/5

Africa has validated the usecase for Bitcoin as a medium of exchange

"𝟳𝟬% 𝗼𝗳 𝗮𝗹𝗹 #Bitcoin 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 𝗼𝗳 𝗹𝗲𝘀𝘀 𝘁𝗵𝗮𝗻 $𝟭,𝟬𝟬𝟬 𝗲𝗶𝘁𝗵𝗲𝗿 𝘀𝘁𝗮𝗿𝘁 𝗼𝗿 𝗲𝗻𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗰𝗼𝗻𝘁𝗶𝗻𝗲𝗻𝘁"

source: chainalysis.com/blog/africa-cr…
Image
"Crypto has penetrated key markets and become an important part of many residents’ day-to-day lives."

With the combination of autocracy and high inflation, use of Bitcoin in Nigeria is off the charts Image
Bitcoin's % of transaction volume is also highest in Nigeria. Image
Read 5 tweets

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