Tuesday, March 28, 2023
- Advertisment -

Senators continue to demand that EPA look into emissions data from crypto mining

The Crypto-Asset Environmental Transparency Act will be reintroduced in Congress, stated United States Senator Edward Markey and Representative Jared Huffman on March 3. The action was taken ahead of a Senate hearing on the effects of cryptocurrency mining on the environment, which Markey will preside over on March 7.

The bill was first submitted by Markey and Huffman in December of the previous Session. In the Senate, Senator Jeff Merkley served as a co-sponsor.

An interagency inquiry of the effects of crypto mining in the United States would be led by the administrator of the Environmental Protection Agency (EPA), and crypto mining businesses would be required to disclose emissions for operations using more than 5 megawatts of power. It would cost $5 million to conduct and publish that inquiry.

The Subcommittee on Clean Air and Nuclear Safety of the Senate Environment and Public Works Committee will convene soon, and Markey will preside over it. According to Markey, the urgent need to take action against the escalating environmental effects of cryptomining would be the main topic of that conference.

In a letter sent in February, Democratic lawmakers Markey and Huffman urged the EPA’s Michael Regan and the Energy Department’s Jennifer Granholm to “work together to address the paucity of information about cryptomining’s energy use and environmental implications.” Also, they signed a letter to the CEO of the Electric Reliability Council of Texas requesting data on Texas’s energy use and environmental effects of cryptocurrency mining. The primary author of both letters was Senator Elizabeth Warren.

Patrick Huston
Patrick Huston
As a senior editor, Patrick is a professional who is in charge of putting out business news. As a senior editor, Patrick is likely to be in charge of the duties of junior editors and writers, make sure the content is correct and high-quality, and work with other departments to make sure the business news is published on time. Patrick knows a lot about business and the latest market trends. He uses this knowledge to choose and edit stories that are both interesting and useful to readers. He also works with reporters and analysts to come up with insightful pieces that help readers keep up with the latest business news. Patrick is a very important part of keeping the public informed and interested in important business issues. He is passionate about journalism and strives for excellence.

Disclaimer: We want to be clear that the information on Bollyinside.com, including news, articles, reviews, and opinions, is intended for reading and knowledge purposes only. While we strive to provide accurate and up-to-date information, opinion and news, we cannot guarantee the completeness, accuracy, reliability, suitability, or availability of any information. The opinions expressed on this website are those of the authors and do not necessarily reflect our views. We recommend that readers conduct their own research and seek professional advice before making any decisions based on the information provided on this website. We are not responsible for any loss, injury, claim, liability, or damage related to the use of this website or the information contained herein. Read more


Similar News From Web Could not fetch related news topics.
- Advertisment -