2 years ago
Sen. Edward Markey and Rep. Jared Huffman privation miners to disclose emissions information and the EPA to pb an probe of their impact.
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United States Senator Edward Markey and Representative Jared Huffman announced March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act successful Congress. The determination comes up of a Senate proceeding connected the biology interaction of crypto mining, which Markey volition seat connected March 7.
Markey and Huffman archetypal introduced the measure successful December, successful the erstwhile Congress. Sen. Jeff Merkley acted arsenic cosponsor successful the Senate.
The measure would require crypto mining companies to disclose emissions for operations that devour much than 5 megawatts of powerfulness and necessitate the head of the Environmental Protection Agency (EPA) to caput up an interagency probe of the interaction of crypto mining successful the United States. That probe would person a $5 cardinal fund and people its findings wrong 18 months of transition of the bill.
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Markey listed 16 nationalist organizations that enactment the bill, including specified groups arsenic the Sierra Club, Greenpeace USA and the National Stop Crypto Coalition. He said successful a statement:
“Crypto miners are sucking megawatt aft megawatt from our nationalist grids and emitting skyrocketing greenhouse gasses, conscionable truthful they tin marque a subordinate for themselves. We can’t spend to fto this manufacture tally roughshod implicit our communities immoderate longer.”Markey volition soon seat a gathering of the Senate Environment and Public Works Committee’s Subcommittee connected Clean Air and Nuclear Safety. That gathering volition beryllium “focused connected the urgent request to ace down connected the increasing biology impacts of cryptomining,” Markey stated.
Related: Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
Markey and Huffman were among the Democratic lawmakers who wrote to EPA Administrator Michael Reganand Energy Secretary Jennifer Granholm successful February asking that their agencies “work unneurotic to code the deficiency of accusation astir cryptomining’s vigor usage and biology impacts.” They besides signed a missive to the CEO of the Electric Reliability Council of Texas asking for accusation successful crypto mining’s vigor usage and biology interaction successful Texas. Sen. Elizabeth Warren was the pb writer of some of those letters.
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