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Thu. Jun 5th, 2025

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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

Aug 17, 2024 Robert Brown

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027,…

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New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels

Nov 23, 2022 Robert Brown

A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be…

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Category: Carbon

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