E&C Announces Oversight Hearing on the Energy Impacts of Cryptocurrency
Energy and Commerce Committee Chairman Frank Pallone, Jr. (D-NJ) and Oversight and Investigations Chair Diana DeGette (D-CO) announced today that the Oversight and Investigations Subcommittee will hold a hearing on the energy impacts of cryptocurrencies on Thursday, January 20, at 10:30 a.m. (EST) in the John D. Dingell Room, 2123 of the Rayburn House Office Building. The hearing is entitled, “Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains.”
“In just a few short years, cryptocurrency has seen a meteoric rise in popularity. It’s time to understand and address the steep energy and environmental impacts it is having on our communities and our planet,” said Pallone and DeGette. “We look forward to examining cryptomining’s growing energy footprint and how proof of work blockchains, in particular, may migrate toward cleaner alternatives and renewable energy solutions.”
This will be a hybrid hearing that includes both in person and remote member attendance via Cisco Webex video conferencing. Members of the public may view the proceedings via live webcast accessible on the Energy and Commerce Committee’s website. Please note the webcast will not be available until the hearing begins.
The Committee strongly recommends that members of the media view the proceedings remotely. The Capitol and House Office Buildings currently have restricted access. Seating in the Committee room for credentialed media is very limited. Media must RSVP to their respective press gallery no later than 5 p.m. on Wednesday, January 19.
House Radio/TV Gallery:
House Periodical Gallery:
House Daily Press Gallery:
Information for this hearing, including the Committee Memorandum, witness list, testimony, and a live webcast will be posted HERE as it becomes available.