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NFTs Have a Climate Problem Making the digital artworks requires colossal amounts of computing power, and that means greenhouse gases. April 14, 2021, 1:23 p.m. ET Join us on April 22 for the latest installment of our virtual event series, Netting Zero . Moderated by Rebecca Blumenstein, a deputy editor of The Times, we’ll be exploring the role of technology at the intersection of climate and health . By Hiroko Tabuchi You’ve probably noticed a lot of buzz over the past few weeks about nonfungible tokens, or NFTs, the digital artworks that are stamped with unique codes. Last month, one...

They May Be Warming the Planet, Too. Making the digital artworks requires colossal amounts of computing power, and that means greenhouse gases. When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he was so enthralled, he said, he “felt like a little kid again.” So Mr. Precht, who is known for his work on ecological architecture, was devastated to learn that the artworks, known as NFTs, have an environmental footprint as mind-boggling as the gold-rush frenzy they’ve whipped up. “The numbers...

DeSmog Background FTI Consulting (NYSE: FCN) describes itself as “an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.” [1] FTI offers services for a wide range of industries. For example, its energy industry services offer “advisory services that address the strategic, financial, reputational, regulatory and legal needs of energy and utility clients involved in the production of crude oil, natural gas, refined products, c...

Award winning website researching and exposing campaigns attacking climate change science.

Your Friday Briefing April 1, 2021 We’re covering threats of virus resurgence around the world, and the convictions of top pro-democracy figures in Hong Kong. Image The pandemic is still not over, experts warn Experts around the world are reminding people that despite hope from Covid-19 vaccinations and a clearer path forward, it is much too soon to let down our guard. In Hungary, despite the country having one of the highest per capita coronavirus death rates in the world, Prime Minister Viktor Orban has said that his government will not tighten restrictions and is determined to continue m...