IMF Economists Counsel Electrical energy Tax to Decrease Crypto and AI Environmental Affect

IMF Economists Counsel Electrical energy Tax to Decrease Crypto and AI Environmental Affect

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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental ImpactWorldwide Financial Fund (IMF) economists have warned of the environmental impression of crypto mining and AI information facilities, that are projected to extend world electrical energy consumption to three.5% by 2027, resulting in greater carbon emissions. Proposing a focused electrical energy tax, the authors estimate a possible discount in emissions by 100 million tons yearly, whereas producing […]

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