Crypto-Asset Environmental Transparency: Reporting and Impact Study
This act aims to study and disclose how crypto-asset mining impacts the environment and energy consumption in the United States. It mandates reporting of greenhouse gas emissions by large crypto-asset mining operations, helping assess their effect on air quality and climate change. Citizens will gain access to information about this industry's impact on their environment and energy resources.
Key points
Large crypto-asset mining companies will be required to report their greenhouse gas emissions, regardless of their size.
Studies will be conducted on the impact of crypto-asset mining on energy consumption, air and water pollution, noise, and their location in communities.
The goal is to better understand and potentially mitigate the negative environmental and public health impacts of this industry.
Status:
Expired
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