back to article Samsung investing $5b in efforts to be carbon neutral by 2050

Global chip and consumer electronics biz Samsung has a blueprint to become carbon neutral by 2050 that includes investing 7 trillion won ($5.01 billion) to support energy efficiency and sustainability. The Korean manufacturer aims to develop tech designed to filter out greenhouse gases and capture carbon dioxide generated …

  1. Pete 2 Silver badge

    Time to re-evaluate

    > In California, $17.9 billion worth of residential and commercial buildings could be inundated by seawater by 2050,

    Although I doubt they would be worth $17.9bn once that happens.

    However, given the very high prices of beachfront homes in CA, that would be far fewer properties than you might think.

    1. jake Silver badge

      Re: Time to re-evaluate

      Remember to take all that with a pinch of salt. It's all political bullshit, with very little actual science involved.

      Why? Because the constant waffle makes lots of money, that's why.

      It's easy to join in!

      Current estimates indicate that it might take the entire GDP of the United States for the next ten years to pay for all the California environmental impact reports projected to be generated between now and 2050. The electricity needed alone will cause enough atmospheric warming to raise sea levels by eighteen inches, thus impacting the rare homeless drug addicted monkeypox infected black lesbian polar bears in their native habitat, and making the footings for highspeed rail soggy and unstable. We must ban all such impact reports immediately!

  2. Yet Another Anonymous coward Silver badge

    >"Chip manufacturing, as opposed to hardware use and energy consumption, accounts for most of the carbon output," the report said.

    Really? Just for Samsung chips or in general?

    The majority of chips by volume are memory flash/dram. The process to make them is going to have to be very energy intensive to cancel out a server running for a decade. You can just think of the energy bill, if a chip costs $1 retail it can't have more $0.1 of energy in its manufacture and you can bet the computer containing the chips is going to use more than "number of chips * $0.1" energy during it's life

    > For example, nearly 30 percent of emissions from manufacturing 12-inch wafers are due to PFCs, chemicals, and gases"

    That statement doesn't link to the previous one. It's entirely possible that 30% emissions is due to processing chemical steps. But that could still be 1% of the energy to truck the chips to the store or 0.001% of the energy the computer will use during its life

    1. Anonymous Coward
      Anonymous Coward

      The whole point of combating climate change is not combating climate change. These companies are just looking for extra profit now and being green sells stuff. A company saying they are going to invest 5bn is very different to a company actually investing 5bn. I'm going to invest 1tr in solving climate change. You have no way to verify it so you'll just have to take my word for it. My plan if you must ask is to use robots to clean solar panels and put motors on wind generators for when there is no wind. I also plan to pump water from the bottom to the top of hydroelectric dams hence increasing the energy output of green power.

  3. MiguelC Silver badge
    Unhappy

    3 weeks ago I saw the episode of Last Week Tonight with John Oliver about carbon offsets

    It really is worth watching to see how corrupt and fake all this greenwashing has come to be - and the public falls for this propaganda for lack of more information and real regulation

  4. Greg 38

    Is there anyone out there...

    Yes I agree with MiguelC that there is a lot of green washing going on these days as companies are guided by woke consensus groups jumping on the bandwagon. I'll add that there is little actual interest from the rest of the community at large too (only 5 comments after 4 days). If ANYONE else even reads this article, please just give a thumbs up or down!

  5. Snowy Silver badge
    Joke

    They are

    buying that many carbon offsets?

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