Displaying items by tag: economy

KNOXVILLE — John Nolt, a member of the Sierra Club’s Harvey Broome Group executive committee and professor emeritus in philosophy at the University of Tennessee, will present a program about cryptocurrencies and their detrimental long-term effects on the environment. Cryptocurrency “mines” (data centers, really) pull enormous quantities of power from the electrical grid.

Thus they are attracted to states like Tennessee where electric power is relatively cheap.

The event is set for 7-8:30 p.m. June 11 at the Tennessee Valley Unitarian Universalist Church, 2931 Kingston Pike, Knoxville.

Bloomberg: Most traditional fueling stations will adapt and survive as electricity replaces gasoline

Bloomberg Climate Newsletter has an interesting take on what may become of traditional gas stations — and their associated retail services and employees — as fuel sources transition from gasoline to electricity.

There’s already a case in point: Norway, where gasoline use has peaked and the transportation economy is moving away from traditional fossil-fuel filling stations.

In short, there will still be demand and purpose for convenience stores in some areas, theyÆll just be selling a different type of fuel.