Senator Cramer and colleagues urge the Environmental Protection Agency to consider the benefits and realities of digital asset mining

0

WASHINGTON — U.S. Sen. Kevin Cramer (R-ND), a member of the Senate Environment, Public Works, and Banking Committee, joined Sen. Cynthia Lummis (R-WY), Rep. Patrick McHenry ( R-NC) and 12 of their colleagues to send a letter to Environmental Protection Agency (EPA) Administrator Michael Regan urging him to fully investigate the potential environmental impacts of mining digital assets, including beneficial uses, before considering environmental regulation. This letter follows a sent by a number of deputies in April 2022 that misunderstood many of the realities and data relating to digital asset miners.

“As you know, a substantial part of the energy consumption of digital asset miners is based on renewable sources”, write the senators. “In addition, many miners use other energy sources, such as natural gas, which might otherwise go unused. JAI Energy in Wyoming is an example of a company working with oil and gas producers to have a positive environmental impact through bitcoin mining. Bitcoin mining that uses flared gas also reduces methane emissions in Texas, New Mexico, Colorado, West Virginia, Ohio, and North Dakota. This private sector-led breakthrough is an important tool for a lower emissions future. Finally, digital asset mining can have a substantial stabilizing effect on energy networks. It maintains robust base load levels, but can be turned off quickly during peak demand. »

Alongside Senators Cramer, Lummis and Rep. McHenry are Senators Bill Hagerty (R-TN), Steve Daines (R-MT) and Reps. Pete Sessions (R-TX), Bill Posey (R-FL), Bill Huizenga (R-MI), Tom Emmer (R-MN), Anthony Gonzalez (R-OH), William Timmons (R-SC), Andy Barr (R-KY), Bryan Steil (R-WI) and Ralph Norman ( R-SC).

Click on
hereto read the letter.

Share.

Comments are closed.