The Daily Climate

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US government requires energy reporting from cryptocurrency companies

The Biden administration mandates energy use reporting for cryptocurrency producers, addressing concerns about their impact on electricity grids and climate change.

Kristoffer Tigue reports for Inside Climate News.

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Causes

Photo by Jievani Weerasinghe on Unsplash

Pa. lawmakers examine cryptocurrency’s waste coal use

In Pennsylvania, some crypto-mining companies are taking advantage of incentives for burning waste coal and remediating former mineland.

Politics

cryptocurrency mining climate energy biden tax

Photo by André François McKenzie on Unsplash

White House proposes 30 percent tax on electricity used for crypto mining

The Biden administration wants to impose a 30 percent tax on the electricity used by cryptocurrency mining operations, and it has included the proposal in its budget for the fiscal year of 2024.

Causes

Photo by Kanchanara on Unsplash

Bitcoin is terrible for the environment – can it ever go green?

Cryptocurrency mining uses huge amounts of energy, but activists are urging for a change in its code to reduce its environmental impact

elk county bitcoin drilling energy regulation

Photo by Traxer on Unsplash

Violation at a Pennsylvania drilling site raises questions about lack of Bitcoin regulation

A gas and oil company mining for cryptocurrency in Elk County, Pennsylvania, was found to be in violation of state regulations when it installed equipment before getting approval from the state Department of Environmental Protection, but the company says it is following the rules.

Good News

Bybit/Flickr

How to reduce the environmental impact of crypto

The sins of FTX aren’t the only problem the crypto world needs to pay for.

Newsletter

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cryptocurrency

US government requires energy reporting from cryptocurrency companies

Pa. lawmakers examine cryptocurrency’s waste coal use

White House proposes 30 percent tax on electricity used for crypto mining

Bitcoin is terrible for the environment – can it ever go green?

Violation at a Pennsylvania drilling site raises questions about lack of Bitcoin regulation

How to reduce the environmental impact of crypto

Bitcoin is red hot. Can it ever be green?

Coal stockpiles strain US power sector as demand wanes

Bogotá faces water rationing

Wisconsin oil spill fuels doubts over Enbridge’s pipeline safety

Hydrogen hubs test new federal environmental justice rules

Donald Trump wins US presidency. What that could mean for the environment.

Trump-backed plan seeks to overturn Biden's climate policies

Op-ed: The real scam — rail against renewables, run away with factories

Cyclone devastates Mayotte