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Pennsylvania House of Representatives
06/05/2024 05:27 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?SPick=20230&chamber=H&cosponId=40974
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House Co-Sponsorship Memoranda

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House of Representatives
Session of 2023 - 2024 Regular Session

MEMORANDUM

Posted: June 9, 2023 11:43 AM
From: Representative Greg Vitali
To: All House members
Subject: Cryptocurrency Energy Conservation Act
 
In the near future, I will be introducing legislation that imposes a two-year moratorium on the issuance and renewal of certain air permits related to cryptocurrency mining.  The moratorium would apply to permits for electric generating facilities that provide behind the meter electricity to crypto mining operations that use proof of work authentication.  The bill would also require the Department of Environmental Protection (DEP) to conduct an impact study on cryptocurrency mining and create reporting requirements for cryptocurrency operations.
 
The crypto mining industry is a massive energy user.  Globally, crypto mining consumes more energy than the countries of Argentina and Australia.  This high level of energy usage places more stress on the environment and accelerates the climate crisis, in addition to raising costs for consumers.
 
Please join me in co-sponsoring this important legislation.
 
 


Introduced as HB1476