IPCC cites cryptocurrency as carbon emissions factor in latest climate report
, an intergovernmental panel within the United Nations, was the third in a series of reports examining the state of climate change mitigation efforts. The panel said in a statement Mondy that"[w]ithout immediate and deep emissions reductions across all sectors, limiting global warming to 1.5°C is beyond reach."
As per the report,"large improvements in information storage, processing and communications technologies, including artificial intelligence, will affect emissions. They can enhance energy-efficient control, reduce transaction cost for energy production and distribution, improve demand-side management...and reduce the need for physical transport."
But governments play a key role in determining whether technology reduces or increases emissions, the authors note. “Overall, the challenge will be to enhance the synergies and minimize the trade-offs and rebounds, including taking account of ethical and distributional dimensions.”
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