Update in-conversation-with-klimadao-part-one.md

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***
# Prelude
This conversation was sparked by our [intial deep dive on KlimaDAO as a solution to climate change](/notes/collective-action-problems-and-climate-change.md), which has its own podcast episode and related show notes.
# Analysis
## Visual Summary of how KlimaDAO works
[![klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw](/excalidraw/klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw.svg)](/excalidraw/klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw.svg)
[![drawing-2022-04-07-20.37.42.excalidraw](/excalidraw/klima-dao-analysis-2022-04-07.excalidraw.svg)](/excalidraw/klima-dao-analysis-2022-04-07.excalidraw.svg)
## Evaluation
@ -94,6 +93,12 @@ The aspirations are beautiful. The initial manifesto resonates a lot with what d
As a [currency](../concepts/currency.md) it seems problematic. As an [investment](../claims/is-why-invest.md) it doesnt seem to work. As a special purpose vehicle for buying carbon credits it seems highly inefficient (e.g. massive trading fees). Carbon credits are themselves problematic and are not going to be the answer to climate change.
# Apendix: Visual Summary of how KlimaDAO works
[![klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw](/excalidraw/klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw.svg)](/excalidraw/klimadao-mechanics-and-logic-according-to-klimadao-2022-05-06.excalidraw.svg)
[![drawing-2022-04-07-20.37.42.excalidraw](/excalidraw/klima-dao-analysis-2022-04-07.excalidraw.svg)](/excalidraw/klima-dao-analysis-2022-04-07.excalidraw.svg)
# References
Ahl, A. _et al._ (2019) Review of blockchain-based distributed energy: Implications for institutional development, _Renewable and Sustainable Energy Reviews_, 107, pp. 200211. Available at: [https://doi.org/10.1016/j.rser.2019.03.002](https://doi.org/10.1016/j.rser.2019.03.002).