Currently, no one has done the work to really understand the carbon footprint of NFTs. And providing an accurate, peer-reviewed figure is impossible without understanding the energy mix of ETH miners.
In addition, minting or buying/selling NFTs just makes use of the underlying blockchain that is already running, so I don't think NFTs directly impact CO2 emissions compared to the vast amount of other transactions. Similar to how a plane or train will go whether you are on it or not, creating pollution regardless. NFTS simply don't really move the needle, especially the ~2000 or so minted by La Collection.
Additionally, since when are the energy usages of services businesses use considered part of their carbon footprint? Accordingly, the author should acknowledge the CO2 emissions associated with the banking, legal, and even transport systems used by The British Museum, which outweigh any energy consumption at NFTS by a very large margin.
Currently, no one has done the work to really understand the carbon footprint of NFTs. And providing an accurate, peer-reviewed figure is impossible without understanding the energy mix of ETH miners.
In addition, minting or buying/selling NFTs just makes use of the underlying blockchain that is already running, so I don't think NFTs directly impact CO2 emissions compared to the vast amount of other transactions. Similar to how a plane or train will go whether you are on it or not, creating pollution regardless. NFTS simply don't really move the needle, especially the ~2000 or so minted by La Collection.
Additionally, since when are the energy usages of services businesses use considered part of their carbon footprint? Accordingly, the author should acknowledge the CO2 emissions associated with the banking, legal, and even transport systems used by The British Museum, which outweigh any energy consumption at NFTS by a very large margin.