3 Comments

Thanks for these. PS, shorting Tesla in 2020 was a death wish.

Shorting tesla from here is a very different proposal. It's ex-Growth, high multiple and Elon is imploding.

Expand full comment
founding

If you look at energy consumption in absolute terms rather than percentage share, the charts show that the massive investment in renewables has barely put a dent in the growth of fossil fuels. Thank God that CO2 isn’t a pollutant!

Expand full comment

de Vries has been shown to have made a lot of factually incorrect points about the energy use of Bitcoin mining, so I would be very skeptical of any claims he's making about AI energy usage. Nonetheless, his claims should be evaluated for their own merit.

Expand full comment