Network’s estimated power use also exceeds that of 19 other European countries, consuming more than five times output of continent’s largest windfarm
Read here
The Guardian: Bitcoin mining consumes more electricity a year than Ireland
Austerity
Bill Mitchell: Eurozone fiscal rules bias nations to stagnation – exit is the remedy
The big motor is fiscal policy and because of the flawed design in the Eurozone it is dysfunctional in the extreme. Central bank policy shifts can do little to counter the damage that fiscal austerity […]
Economics
Owen Jones: The mood has shifted – now Corbyn really can transform the economy
Encouraging after the political disgrace, which was the “anti-semitism in the Labour Party” is how the British public has reacted – in the polls and its ability to determine the poltical discourse. Being able to […]
Economics
Jo Michell: Inflation Is the Symptom, Not the Disease
Right-wingers want to blame inflation on workers’ wage demands, but the real culprits are their own policies – and the failure to invest in the climate transition. Read here Credit: Getty Images
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