The International Monetary Fund (IMF) has released a blog article highlighting the need to address increased electricity use and carbon emissions from crypto assets and artificial intelligence, as well as potential tax policies to mitigate the impact.
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Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help
Crypto mining and data centers now account for 2 percent of global electricity use and nearly 1 percent of global emissions, and their footprint is growing.
What …