Crypto Energy Study Shrugged Off by Agencies, Irking Lawmaker

Oct. 3, 2022, 9:30 AM UTC

Federal agencies are balking at—or declining to publicly explain their response to—cryptocurrency mining recommendations from a White House report that raised serious concerns about the rapidly growing industry’s energy consumption and climate footprint.

The situation has irked one House Democrat who has pushed for a closer federal look at cryptocurrency—and who demanded that agencies answer his concerns soon.

U.S. energy and environmental officials have announced no plans to pursue possible efficiency standards, electric grid reliability assessments, or energy use surveys outlined by the study, which was issued four weeks ago. The report found cryptocurrency mining accounts for 0.9% ...

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