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Hollman MR, Pearce JM. Investing to kill: return on investment of tobacco companies compared to high-mortality and neutral industries. GLOBAL SECURITY: HEALTH, SCIENCE AND POLICY 2022. [DOI: 10.1080/23779497.2022.2038035] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Indexed: 10/18/2022] Open
Affiliation(s)
| | - Joshua M. Pearce
- Michigan Technological University, Houghton, Michigan, USA
- Ivey Business School and Department of Electrical & Computer Engineering, Western University, London, Canada
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Affiliation(s)
- Marita Hefler
- Wellbeing and Preventable Chronic Diseases Division, Menzies School of Health Research, Charles Darwin University, Casuarina, Northern Territory, Australia
| | - Chris Bostic
- Action on Smoking and Health, Washington, District of Columbia, USA
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Abstract
Internet-related electricity consumption is rising rapidly as global Internet users spend more than 6.5 h per day online. Open source ad blockers have the potential to reduce the time and thus electricity spent using computers by eliminating ads during Internet browsing and video streaming. In this study, three open source ad blockers are tested against a no-ad blocker control. Page load time is recorded for browsing a representative selection of the globally most-accessed websites, and the time spent watching ads on videos is quantified for both trending and non-trending content. The results show that page load time dropped 11% with AdBlock+, 22.2% with Privacy Badger, and 28.5% with uBlock Origin. Thus, uBlock Origin has the potential to save the average global Internet user more than 100 h annually. The energy conserved if everyone in the United States used the open source ad blocker would save over 36 Americans lives per year if it were to offset coal-fired electricity generated-based pollution. In the United States, if all Internet users enabled Privacy Badger on their computers, Americans would save more than $91 million annually. Globally, uBlock Origin could save consumers more than $1.8 billion/year. Open source ad blockers are a potentially effective technology for energy conservation.
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Abstract
Although wealth inequality has many established negatives, this study investigates a potential positive, unprecedented wealth concentration makes it possible for solutions to large and seemingly intractable problems to be deployed by convincing a relatively small number of individuals to invest. In order to probe this potential outcome of inequality, this study quantifies the number of people necessary to radically reduce the greenhouse gas emissions responsible for global climate destabilization from the U.S. electric grid, which is one of the largest sources of emissions. Specifically, this study determined that 1544 GW of solar photovoltaic (PV) technology must be deployed to eliminate the use of fossil fuels on the U.S. electric grid, if PV is conservatively deployed as a function of population density. The results showed that only 79 American multi-billionaires would need to invest in PV. This investment would still leave each investor with a billion dollars of liquid assets as well as substantial long-term profits from PV. The analysis also concluded that 79 people is a conservative upper estimate of those that would need to be convinced of the usefulness of moving to a solar U.S. grid and that this estimate is likely to decrease further in the future.
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