Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.”
Source
Bitcoin's Price May Crash After Ethereum's 'Merge,' Researcher Says

Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.”
Source