United States Senator Edward Markey and Representative Jared Huffman announced March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress.
The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair on March 7.Markey and Huffman first introduced the bill in December, in the previous Congress.
Sen. Jeff Merkley acted as cosponsor in the Senate. The bill would require crypto mining companies to disclose emissions for operations that consume more than five megawatts of power and require the administrator of the Environmental Protection Agency (EPA) to head up an interagency investigation of the impact of crypto mining in the United States.
That investigation would have a $5 million budget and publish its findings within 18 months of passage of the bill. Another 100% on my permanent record!
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