this post was submitted on 06 Feb 2024
15 points (74.2% liked)

Canada

10150 readers
776 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Misinformation is not welcome here.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
top 7 comments
sorted by: hot top controversial new old
[–] WhimsicalSofa@lemmynsfw.com 10 points 1 year ago
[–] Hootz@lemmy.ca 6 points 1 year ago

“Conifex continues to believe that the provincial government is missing out on several opportunities available to it to improve energy affordability, accelerate technological innovation, strengthen the reliability and resiliency of the power distribution grid in British Columbia, and achieve more inclusive economic growth,” the statement said.

So you wanna consume more power than a fairly sizable city and that somehow increases affordability and reliability of the grid ... Yea no.

[–] PuddingFeeling907@lemmy.ca 5 points 1 year ago

Lmao the nerve of these clowns.

[–] autotldr@lemmings.world 2 points 1 year ago

This is the best summary I could come up with:


But Justice Michael Tammen ruled Friday that the government’s move in December 2022 to pause new connections for cryptocurrency mining for 18 months was reasonable and not unduly discriminatory.

Hydro CEO Christopher O’Riley had told the court in an affidavit that the data centres proposed by Conifex would have consumed 2.5 million megawatt-hours of electricity a year.

Energy Minister Josie Osborne said when the policy was introduced that cryptocurrency mining consumes “massive amounts of electricity” by running banks of high-powered computers around the clock, but adds “very few jobs” to the local economy.

“Conifex continues to believe that the provincial government is missing out on several opportunities available to it to improve energy affordability, accelerate technological innovation, strengthen the reliability and resiliency of the power distribution grid in British Columbia, and achieve more inclusive economic growth,” the statement said.

The report said power demand from cryptocurrency mining operations would challenge clean energy and electrification goals as adoption of things such as electric vehicles and heat pumps increase.

You can also support our journalism by becoming a digital subscriber: For just $14 a month, you can get unlimited access to The Vancouver Sun, The Province, National Post and 13 other Canadian news sites.


The original article contains 483 words, the summary contains 202 words. Saved 58%. I'm a bot and I'm open source!