Clean Cloud Act: New Energy Consumption Rules and Emissions Fees
This act aims to reduce energy consumption and greenhouse gas emissions from data centers and cryptocurrency mining facilities. It mandates annual data collection on energy use and power sources, and imposes fees for excessive emissions. Funds from these fees will be used to lower electricity bills for citizens and develop clean energy sources.
Key points
Annual fees will be imposed on data centers and crypto-mining facilities if their energy consumption exceeds set emission standards.
Electric utilities are prohibited from passing these fee costs onto regular electricity consumers; only the covered entities bear the fees.
A portion of the collected fees will fund programs designed to lower household electricity costs, such as through direct rebates.
The act supports the research, development, and deployment of year-round clean energy technologies, including advanced zero-carbon power plants and long-duration energy storage.
Status:
Introduced
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