- US Senators requested the EPA and DOE to gather details regarding crypto mining companies’ gas emissions and energy use.
- The lawmakers claim that crypto mining results in environmental pollution.
- The efforts to unveil the negative impacts of crypto mining started in 2022.
Through a signed letter, United State Senators Elizabeth Warren, Edward J Markey, Jeffrey A. Merkley, and Richard J Durbin, among others, requested the US Environmental Protection Agency (EPA) and the Department of Energy (DOE) to disclose the details of energy consumption and the greenhouse gas emission of crypto mining companies.
Notably, the letter revealed that an earlier investigation regarding the “environmental impacts of cryptocurrency mining” has unveiled the rapidly increasing energy use as well as the gas emission from the miners.
In addition, Congress requested the EPA and DOE to use their authority to “require emissions and energy use disclosures by crypto miners.”
Your responses described your clear authority to require emissions and energy use disclosures by crypto miners, and we urge you to use those authorities to implement a mandatory disclosure regime as rapidly as possible.
Though there were anticipations regarding the negative impact of crypto mining that poses the threat of environmental pollution, there were no lucid data on the quantity of gas produced or the energy used, failing to produce an understanding of the intensity of the pollution it can cause.
Significantly, in January 2022, the Democratic senators initiated their journey to dive into the details as well as the after-effects of crypto mining. Though they asked in a letter to submit the details regarding energy consumption and gas emission, only a very few companies responded.
It is noteworthy that the Democratic lawmakers shared the impacts of Bitcoin mining, commenting:
Given the extraordinarily high energy usage and carbon emissions associated with Bitcoin mining, mining operations raise concerns about their impacts on the global environment, local ecosystems, and consumer electricity costs.
Since then, the officials have been trying hard to bring forward the exact details of crypto mining, and its impacts on the environment, with the intention to take vital steps to avoid pollution.