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    White House Seeks Public Comment on Crypto’s Energy Use, Environmental Impact

    The White House is seeking public comment on the effects of cryptocurrency regarding energy use and climate impacts.

    U.S. President Joe Biden tasked the White House’s Office of Science and Technology Policy (OSTP) with organizing the “potential for digital assets to impede or advance efforts to tackle climate change and the transition to a clean and reliable electricity grid,” according to a document published in the Federal Register on Friday.

    Recently, international lawmakers have drafted proposals to ban proof-of-work mining, citing the energy impact concerns.

    In general, blockchain technology has been touted by industry leaders as a solution to climate challenges, including carbon accounting.

    According to the Federal Register document, the U.S. is “committed to combatting the climate crisis and reaching net-zero greenhouse gas emissions no later than 2050.”

    Interested individuals and organizations should submit comments electronically to DigitalAssetsRFI@ostp.eop.gov and include < RFI Response: Climate Implications of Digital Assets > in the subject line of the email.

    Due to time constraints, mailed paper submissions will not be accepted, and electronic submissions received after the deadline cannot be ensured to be incorporated or taken into consideration.

    Interested parties have until May 9, 2022 to share their thoughts with the White House.

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