Forces large data centers and crypto miners to track energy use and pay fees for high emissions.
This bill would require large data centers and cryptocurrency mining facilities to report their electricity use and sources each year. If their electricity causes too many greenhouse gas emissions, they and their electric utilities would pay fees. A big part of these fees would then help lower residential electricity bills and fund new clean energy projects.
Today, there's a lack of clear information about how much electricity data centers and cryptocurrency mining facilities use and where it comes from. Old fossil fuel plants are also being brought back online to power these operations, increasing carbon emissions. If this bill becomes law, large data centers and crypto mining facilities would have to report their energy use, face fees if their electricity emissions are too high, and electric utilities would be blocked from passing these costs to regular customers. A significant portion of the fees collected would go towards lowering residential electricity bills and developing clean energy.
S 1475 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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