Job_Talk/Bitcoin/Sections/Mechanism.tex
2022-11-02 21:24:08 -06:00

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\begin{frame}{Mechanisms}
When Bitcoin miners pay for flared gas, the change in income is equivalent to a subsidy on oil production.
\newline
\newline
\textbf{Direct Effects}
\begin{enumerate}
\item{More drilling}
\item{Different location of wells}
\item{Bitcoin miners clean the gas}
\end{enumerate}
\end{frame}
\begin{frame}{Outcomes}
\begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment
\column{.5\textwidth} % Left column and width
\textbf{Certain Outcomes}
\begin{itemize}
\item{Increase in number of wells}
\item{Increase in profits}
\item{Decrease in price of oil}
\item{Non-decreasing price of gas}
\end{itemize}
\column{.5\textwidth} % Left column and width
\textbf{Uncertain Outcomes}
\begin{itemize}
\item{More pollution: More wells drilled}
\item{Less pollution: Gas is cleaned}
\item{Localized benefits: New location of wells}
\item{Localized costs: New location of wells}
\end{itemize}
\end{columns}
\end{frame}