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Mandatory Environmental Reporting and Impact Study for Large Crypto Mining.

This law mandates that large crypto mining operations (those using 5 megawatts or more) must report their greenhouse gas emissions to the EPA. It also requires a comprehensive federal study to assess how crypto mining affects energy consumption, air and water quality, and noise levels across the United States. The goal is to provide transparency and data necessary for citizens to understand the environmental and energy consequences of this industry.
Key points
Large crypto mining facilities must report their greenhouse gas emissions (Scope 1 and 2) to the EPA, regardless of standard emission thresholds, increasing climate oversight.
A major federal study will analyze the industry's impact on the power grid, climate goals, water usage, and public health in nearby communities.
The EPA will investigate whether these operations are complying with Clean Air Act permits and regulations, potentially leading to stricter enforcement.
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Additional Information
Print number: 118_S_661
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2023-03-06