{"id":7640,"date":"2022-10-05T14:25:44","date_gmt":"2022-10-05T14:25:44","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=7640"},"modified":"2022-10-05T14:25:45","modified_gmt":"2022-10-05T14:25:45","slug":"federal-energy-agencies-unwillingness-to-act-on-white-houses-crypto-mining-recommendations-miffs-us-lawmaker","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=7640","title":{"rendered":"Federal Energy Agencies&#8217; Unwillingness to Act on White House&#8217;s Crypto Mining Recommendations Miffs US Lawmaker"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House\u2019s call on them to do \u201creliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.\u201d However, a commissioner at the Federal Energy Regulatory Commission, Allison Clements, insists crypto mining should not be singled out from grid studies. <\/strong><\/p>\n<h2>Agencies Reviewing White House Recommendations<\/h2>\n<p>Jared Huffman, a United States House of Representatives member, has reportedly queried some U.S. federal agencies\u2019 unwillingness or reluctance to give their response to recommendations contained in a recently released White House report on cryptocurrency mining.<\/p>\n<p>According to Huffman, a California representative and member of the Democratic Party, the Federal agencies\u2019 silence could well mean \u201cthis problem [environmental damage allegedly caused by crypto mining] is potentially getting worse.\u201d<\/p>\n<p>As stated in a Bloomberg Law report, U.S. energy and environmental officials haven\u2019t announced plans to pursue possible efficiency standards or to conduct energy use studies as demanded by the White House report. For instance, Costa Samaras, the principal assistant director for energy in the Office of Science and Technology Policy, is quoted in the report acknowledging that agencies are yet to issue a response.<\/p>\n<p>\u201cEach agency is reviewing the recommendations, and will announce commitments as part of their own process and timeline,\u201d Samaras reportedly said.<\/p>\n<p>On the other hand, Samaras\u2019 counterparts at the Federal Energy Regulatory Commission (FERC) and North American Electric Reliability Commission (NAERC) insisted they already have safeguards in place should a grid shortfall occur hence there is no plan to do a reliability assessment specifically for cryptocurrency.<\/p>\n<h2>Crypto Mining Should Not Be Singled Out From Grid Studies<\/h2>\n<p>In its report, titled \u2018Climate and Energy Implications of Crypto Assets in the United States,\u2019 the White House said both the FERC and NAERC along with regional entities \u201cshould conduct reliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.\u201d<\/p>\n<p>The White House report also implored agencies responsible for collecting energy information to \u201cconsider collecting and analyzing information from crypto-asset miners and electric utilities in a privacy-preserving manner to enable evidence-based decisions on the energy and climate implications of crypto assets.\u201d<\/p>\n<p>Unimpressed by the agencies\u2019 justifications, Huffman, who has campaigned for greater scrutiny of crypto mining facilities, warned he will be forced to take action if nothing is done. He said:<\/p>\n<p>If I don\u2019t hear from them in the next few weeks, I\u2019m certainly going to pick up the phone and find out what\u2019s going on.<\/p>\n<p>Meanwhile, Huffman\u2019s fellow Democrat and a commissioner at the FERC, Allison Clements, is quoted in the Bloomberg Law report insisting that crypto mining should not be singled out from grid studies.<\/p>\n<p>\u201cIt\u2019s unclear to me that an individual reliability assessment related to cryptocurrency mining, which happens in places, should be separated out from general reliability planning of any particular node, any service territory, any region, any interconnect,\u201d Clements reportedly said.<\/p>\n<p>The FERC commissioner added that while crypto mining is something that is on the agency\u2019s radar, she did not have \u201canything to report, relative to anything coming up soon.\u201d<\/p>\n<p><em><strong>What are your thoughts on this story? Let us know what you think in the comments section below.<\/strong><\/em><\/p>\n<p>Terence Zimwara <\/p>\n<p class=\"article__body__author__info__about\">\nTerence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.<\/p>\n<p><i class=\"td-icon-font td-icon-linkedin\"\/><\/p>\n<p><i class=\"td-icon-font td-icon-twitter\"\/><\/p>\n<p><i class=\"td-icon-font td-icon-telegram\"\/><\/p>\n<p class=\"images_credits\"><em>Image Credits: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<p>More Popular NewsIn Case You Missed It<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/federal-energy-agencies-unwillingness-to-act-on-white-houses-crypto-mining-recommendations-miffs-us-lawmaker\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House\u2019s call on them to do \u201creliability assessments of current and projected crypto-asset mining operations on electricity system reliability and adequacy.\u201d However, a commissioner at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-7640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-updates"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7640"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7640\/revisions"}],"predecessor-version":[{"id":7642,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/7640\/revisions\/7642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/7641"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}