White House science office looks at crypto’s effect on climate, despite scarc...
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change. The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United States, finding that crypto makes a significant contribution to energy usage and greenhouse gas (GHG) emissions. It recommends monitoring and regulation in response.The report, released Sept. 8, was the latest to come out of the U.S. President Joe Biden’s March executive order (EO)....
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Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. The Office of Science and Technology Policy (OSTP), an Executive Office of the President of the United States, commenced a study to identify the scope for offsetting energy use and climate changes related to digital assets. On March 9, United States President Joe Biden signed an executive order, directing various federal agencies to examine implications of digital assets on six key areas — consumer and....
The White House has announced Dr. Ed Felten will be named U. S. Chief Technology Officer, making him a new addition to the White House Office of Science and Technology Policy. Dr. Felten falls in line with recent additions to the White House, "working to further President Obama's vision to ensure policy decisions are informed by our best understanding of state-of-the-art technology and innovation, to quickly and efficiently deliver great services for the American people, and to broaden and deepen the American people's engagement with their government. Felten's "expertise in the....
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends the Biden administration should encourage more research about mining’s electricity consumption and codify public policy for the entire mining industry.
Office of Science and Technology Policy Report Claims Something Needs to Be Done to Stop Crypto Mining Pollution
According to the....
Recently, the White House released a report that details how crypto mining and other technologies contribute directly to pollution, greenhouse gas effect, noise, and other hazardous environmental effects that get in the way of federal agency’s initiatives to attain a net-zero carbon emission that is in adherence to U.S. climate goals. Last month, electricity usage […]
Princeton University professor of computer science and public affairs Ed Felten has joined the White House Office of Science and Technology where he will advise President Barack Obama on policy decisions related to technology and innovation. The appointment is notable for the digital currency industry given Felten's longstanding interest in bitcoin and the digital currency's public ledger, the blockchain. In addition to writing on the subject, Felten also attended the New York BitLicense hearings held in January 2014 where he presented a moderate view of the technology that stood in....