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Wednesday, June 18, 2025

Democratic lawmakers want crypto mining companies to report more energy usage info - CNBC

UNITED STATES - MAY 28: Sen. Elizabeth Warren, D-Mass., talks with a reporter outside in the Capitol on Friday, May 28, 2021.
Tom Williams | CQ-Roll Call, Inc. | Getty Images
The government must intervene to limit the impact of cryptocurrency mining on climate change, several Democratic U.S. senators and representatives told the Biden administration in a letter on Friday.
Based on responses from seven of the largest crypto mining companies they probed for information on their climate impacts, the lawmakers called on Environmental Protection Agency Administrator Michael Regan and Department of Energy Secretary Jennifer Granholm to require more energy use reporting by these companies.
They argued that the current lack of reporting requirements limits the government from understanding the scope of adverse impacts from crypto mining on the environment.
Sens. Elizabeth Warren and Edward Markey, both of Massachusetts, Sheldon Whitehouse, of Rhode Island, and Jeff Merkley, of Oregon, and...



Read Full Story: https://www.cnbc.com/2022/07/18/democrats-crypto-miners-should-report-more-en...

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