Politiparty
Politiparty

118th Congress Environmental Protection

S. 661: Crypto-Asset Environmental Transparency Act of 2023

Introduced

  1. Introduced (completed)Mar 6, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 6, 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.

Read the full summary

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

3

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Edward Markey D-MA SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Edward Markey

History

  1. Mar 6, 2023Introduced in the Senate by Edward Markey.
Show the full action history (2 actions)
  1. Mar 6, 2023Introduced in Senate
  2. Mar 6, 2023Read twice and referred to the Committee on Environment and Public Works.