Whitehouse also stressed on the importance of reflecting on the potential consequences of their choices, warning that they risk pushing society further down a troubling climate path.
Senator Ron Wyden, the panel’s ranking member, expressed his gratitude to Whitehouse for his remarks, while Senator Marsha Blackburn dismissed Whitehouse’s statements as irrelevant.
“The good news is that we don’t have to choose between leading the world on AI and leading the world on climate safety,” he remarked. He believes that technology and AI companies have the financial resources to invest in clean energy alternatives, thereby preventing further strain on local grids.
The Clean Cloud Act aims to direct the Environmental Protection Agency (EPA) to set emissions performance standards for data centers and crypto mining facilities with an installed IT power capacity exceeding 100 kilowatts.
Despite the urgency expressed by Senator Whitehouse, progress on the Clean Cloud Act remains stalled as Congress shifts its focus to the Clarity Act.
This market structure bill intends to clarify the regulatory landscape for digital assets by defining the roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), categorizing digital assets, and establishing new protections for developers in the decentralized finance (DeFi) space.
Featured image from DALL-E, chart from TradingView.com
