<oembed><type>rich</type><version>1.0</version><title>dsbatten wrote</title><author_name>dsbatten (npub13l…4lpsy)</author_name><author_url>https://nostr.now/npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>Few will understand why this post is significant, but I&#39;ll say it anyway because it will be more obvious in a year&#39;s time. &#xA;&#xA;Landfill methane capture has been technically possible for decades. The obstacle was always economic.&#xA;&#xA;2 problems:&#xA;&#xA;No buyer for the power. Most landfills in the Global South can&#39;t sell electricity to the grid: no transmission lines, too expensive to upgrade the grid to handle the power, or govt regulations actively prevent it&#xA;&#xA;Credits priced too low. On voluntary carbon markets, methane mitigation earns ~$5 per credit. That finances nothing.&#xA;&#xA;Bitcoin mining solved the first problem: the miner buys every megawatt on site, no grid connection required.&#xA;&#xA;Now it is starting to solve the second.&#xA;&#xA;Under Article 6 of the Paris Agreement, a country that signs a cooperative agreement can sell its carbon credits on international compliance markets at ~$20 per credit instead of ~$5. That difference is what turns a marginal project into one investors will fund.&#xA;&#xA;For years, several Latin American governments saw no reason to join. With no viable projects, why build the regulatory framework?&#xA;&#xA;Bitcoin mining made the projects viable. Now the agreements are being signed.&#xA;&#xA;The full sequence: a mining rig gives landfill gas its first buyer, the buyer makes the project viable, the viable project gives a government its reason to enter compliance carbon markets, and the compliance price funds the next ten projects.&#xA;&#xA;Methane that has warmed the planet for decades is becoming the revenue that pays for its own destruction.&#xA;&#xA;And the unlikely catalyst is Bitcoin mining: the industry everyone was once told was the climate&#39;s enemy.</html></oembed>