Clean Cloud Act: New Emission Standards for Data Centers and Crypto Mining.
This law establishes new rules for energy consumption by large data centers and cryptocurrency mining facilities, which are major electricity users in the US. It mandates public disclosure of their energy sources and imposes fees on those exceeding regional greenhouse gas emission limits. Crucially, utilities cannot pass these fees onto regular residential customers, and a portion of the collected funds will be used to lower household energy bills.
Key points
Annual fees imposed on utilities and owners of large data centers/crypto miners if their electricity consumption exceeds regional carbon emission standards.
Electric utilities are prohibited from passing these fee costs onto non-covered customers, such as residential users.
Mandatory public disclosure of energy consumption and power source mix (coal, gas, renewables) for large digital facilities.
25% of collected fees are dedicated to programs designed to lower residential electricity costs.
Introduced
Citizen Poll