Evidence map›Paper›PMID 37428917›Full record

ArticleProceedings of the National Academy of Sciences of the United States of America2023

Climate concerns and the future of nonfungible tokens: Leveraging environmental benefits of the Ethereum Merge.

Apoorv Lal, Fengqi You

Abstract read
In one paragraph

Article in Proceedings of the National Academy of Sciences of the United States of America, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Review
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

2 authors.

Apoorv LalRobert Frederick Smith School of Chemical and Biomolecular Engineering, Cornell University, Ithaca, NY 14853.ORCID 0009-0002-4742-3791
Fengqi YouRobert Frederick Smith School of Chemical and Biomolecular Engineering, Cornell University, Ithaca, NY 14853.ORCID 0000-0001-9609-4299

Funding

National Science Foundation (NSF) 1643244
6 · The paper itself

Abstract

The world is facing a formidable climate predicament due to elevated greenhouse gas (GHG) emissions from fossil fuels. The preceding decade has also witnessed a dramatic surge in blockchain-based applications, constituting yet another substantial energy consumer. Nonfungible tokens (NFTs) are one such application traded on Ethereum (ETH) marketplaces that have raised concerns about their climate impacts. The transition of ETH from proof of work (PoW) to proof of stake (PoS) is a step toward reducing the carbon footprint of the NFT sector. However, this alone will not address the climate impacts of the growing blockchain industry. Our analysis indicates that NFTs can cause yearly GHG emissions of up to 18% of the peak under the energy-intensive PoW algorithm. This results in a significant carbon debt of 4.56 Mt CO

Indexed as

blockchainclimateclimate neutralityEthereum mergerenewable energy

Identifiers

PMID37428917
PMCPMC10629542

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC-ND
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.