Biden Administration
climate crisis
Council of Economic Advisors
crypto mining
DAME
DAME tax
Digital Assets
electricity grids
environmental impact
fair share
local communities
Mining
negative spillovers
Renewable Energy
White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal…