Sec. 806. Analysis of energy consumption in digital asset markets
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/bill/117/s/4356/is/section-806·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each year, the Federal Energy Regulatory Commission, in consultation with the Commodity Futures Trading Commission and Securities and Exchange Commission, shall analyze the following topics with respect to digital asset markets: Energy consumption for mining and staking of digital asset transactions. The effect of energy consumption described in paragraph
(1)on national, regional, and local energy prices. The effects of mining and staking of digital asset transactions on baseload power levels. The use of renewable energy sources, including use of nonrenewable sources that would otherwise be wasted, and a comparison of digital asset market energy consumption with the financial services industry and economy as a whole. The sources and reliability of the data used under this subsection. A process for regulated entities to make information publicly available regarding energy consumption, including sources of energy and amount, and, if appropriate, recommendations to Congress to establish such a process. Not later than December 31 of each year, the Federal Energy Regulatory Commission shall submit to the Committee on Energy and Natural Resources and the Committee on Environment and Public Works of the Senate and the Committee on Energy and Commerce and the Committee on Natural Resources of the House of Representatives a report containing the analysis required by subsection (a).