Climate change is one of the most pressing problems confronting our nation and our world, and President Biden has taken bold steps to address it with legislation and policy.<\/p>\n\n\n\n

This range of electricity usage is similar to all home computers or residential lighting in the United States.<\/p>\n\n\n\n

Despite the potential for rapid growth, future electricity demand from crypto-asset operations is uncertain, demonstrating the need for better data to understand and monitor electricity usage from crypto-assets.<\/p>\n\n\n\n

Crypto-Assets Can Have Significant Environmental Impacts Global electricity generation for the crypto-assets with the largest market capitalizations resulted in a combined 140 \u00ac\u00b1 30 million metric tons of carbon dioxide per year (Mt CO 2 \/y), or about 0.3% of global annual greenhouse gas emissions.<\/p>\n\n\n\n

Key Recommendations of the Report To help the United States meet its climate objectives, crypto-asset policy during the transition to clean energy should be focused on several objectives: reduce greenhouse gas emissions, avoid operations that will increase the cost of electricity to consumers, avoid operations that reduce the reliability of electric grids, and avoid negative impacts to equity, communities, and the local environment.<\/p>\n\n\n\n

Obtain data to understand, monitor, and mitigate impacts : The Energy Information Administration and other federal agencies should consider collecting and analyzing information from crypto-asset miners and electric utilities in a privacy-preserving manner to enable evidence-based decisions on the energy and climate implications of crypto-assets.<\/p>\n\n\n\n

Read the Full Report: https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2022\/09\/09-2022-Crypto-Assets-and-Climate-Report.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Climate change is one of the most pressing problems confronting our nation and our world, and President Biden has taken bold steps to address it with legislation and policy. This range of electricity usage is similar to all home computers or residential lighting in the United States. Despite the potential for rapid growth, future electricity…<\/p>\n

Read More “US Report On Climate & Energy Implications Of Crypto Assets”<\/span> »<\/a><\/p>\n","protected":false},"author":2,"featured_media":133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esg"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/digitalassets.review\/snippets\/wp-content\/uploads\/2022\/09\/whitehouse-ga67473526_640.jpg?fit=640%2C360&ssl=1","_links":{"self":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/comments?post=132"}],"version-history":[{"count":1,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/132\/revisions"}],"predecessor-version":[{"id":134,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/posts\/132\/revisions\/134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/media\/133"}],"wp:attachment":[{"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/media?parent=132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/categories?post=132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitalassets.review\/snippets\/wp-json\/wp\/v2\/tags?post=132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}