Crypto-Asset Environmental Transparency Act of 2023
Latest action · Mar 6, 2023 Read twice and referred to the Committee on Environment and Public Works.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 6, 2023
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Crypto-Asset Environmental Transparency Act of 2023
This bill establishes greenhouse gas (GHG) emission reporting and related requirements for certain crypto-asset mining operations, such as facilities that mine Bitcoin.
The bill directs the Environmental Protection Agency (EPA) to revise reporting requirements under the Greenhouse Gas Reporting Program to require crypto-asset mining operations that consume five megawatts of electricity or more to report their greenhouse gas emissions to the EPA. The EPA must also designate such operations as a source category of GHG emissions that is subject to greenhouse gas reporting requirements and related monitoring, recordkeeping, and reporting requirements.
In addition, the EPA must request information from crypto-asset mining operations and assess the extent to which any operations are improperly operating without a valid and current permit under the Clean Air Act.
The bill also expands the meaning of data center under the Energy Independence and Security Act of 2007 to include facilities in which two or more computers are mining crypto-assets. Thus, such facilities are included in the scope of energy efficiency programs for data centers under that act.
Finally, the EPA must study the environmental impacts of crypto-asset mining.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Mar 6, 2023 to May 16, 2023, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-VT | Bernard Sanders | Original | Mar 6, 2023 |
| D-OR | Jeff Merkley | Original | Mar 6, 2023 |
| D-CA | Dianne Feinstein | May 16, 2023 |
Actions 2
Everything that happened, newest first.
- Mar 6, 2023Introduced in Senate
- Mar 6, 2023Read twice and referred to the Committee on Environment and Public Works.
Subjects
Assigned by the Library of Congress. Policy area: Environmental Protection.
Text 1
Each version as it was printed, newest first.
- Mar 6, 2023Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.