The GENIUS Act seeks to regulate stablecoin but will do nothing to curb energy-intensive cryptocurrency mining. Another option for minting crypto coins uses far less energy.By Phil McKennaLegislation currently making its way through Congress that proponents say will place much-needed guardrails on cryptocurrency will only exacerbate the industry’s insatiable energy demands and climate pollution, environmentalists say.
Observations from the Little Bunker
Last updated: August 18, 2025 06:15 PM
Atmospheric CO₂
425.4 ppm
+18.4
ppm/year
Atmospheric CH₄
1934.91 ppb
+9.11
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year