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3232IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact
https://www.digit.info/imf-economists-suggest-electricity-tax-to-lower-crypto-and-ai-environmental-impact/
Sat, 17 Aug 2024 11:46:04 +0000https://www.digit.info/imf-economists-suggest-electricity-tax-to-lower-crypto-and-ai-environmental-impact/Read more]]>International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating […]
]]>US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
https://www.digit.info/us-lawmakers-call-for-more-oversight-of-cryptocurrencys-environmental-impacts/
Sun, 24 Apr 2022 03:00:09 +0000https://www.digit.info/2022/04/24/us-lawmakers-call-for-more-oversight-of-cryptocurrencys-environmental-impacts/Read more]]>Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,” they said. Lawmakers Want More Oversight of Bitcoin Mining Industry U.S. Representative Jared Huffman (D-CA) and 22 other Congress members jointly sent a […]
International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating […]
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Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental statutes,” they said. Lawmakers Want More Oversight of Bitcoin Mining Industry U.S. Representative Jared Huffman (D-CA) and 22 other Congress members jointly sent a […]