EPA Acknowledges Plans to Look at Crypto Energy Usage, Emissions

The EPA is working on recommendations from a September White House report that raised grave concerns about cryptocurrency’s effect on the climate, the agency told lawmakers in a letter.

The agency recently sent a response to 23 House Democrats who had asked the Biden administration for more information about efforts to address cryptocurrency’s energy usage and emissions, according to a copy of the letter seen by Bloomberg Law.

A report from the Office of Science and Technology Policy found cryptocurrency mining accounts for 0.9% to 1.7% of U.S. electricity use and causes about 0.4% to 0.8% of U.S. greenhouse gas ...