Crypto-asset mining can use a lot of electricity.

That's why @POTUS directed @WHOSTP to examine the rapid growth of digital assets and provide recommendations on the climate implications.

Here's what we found 🧵 🔌Global electricity usage for crypto-assets is estimated to be between 120 and 240 billion kilowatt-hours per year — this exceeds the total annual electricity usage of many individual countries.

Today the Biden-Harris Administration published a new plan to measure the critical role our planet’s water, soil, air, & other natural assets play in sustaining & powering our economy. Here’s how this plan will support our economic growth in partnership with nature. 🌱 Right now, the data we rely on to measure our economy are disconnected from nature’s contribution to our national wealth – from pollinators to minerals to fish stocks. Natural capital accounts will help us understand how to work with nature to drive economic growth.