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Frank Pallone

Frank Pallone (D)

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Notable statements

Rep. Frank Pallone has 3 statement(s) about crypto.

"Blockchain technology and #Cryptocurrency bring enormous promise but some blockchains are consuming enormous amounts of energy. Today, I held a #SubOversight hearing on this energy usage and how the crypto industry can assist us in achieving our climate goals."

@FrankPallone January 20, 2022 on Twitter

"Cryptomining can burn an enormous amount of fossil fuels, presenting a huge challenge in our fight against the #ClimateCrisis. Today I’m demanding answers from crypto companies on what they’re doing to mitigate energy use & offset their climate pollution. Today’s letters follow a hearing my @EnergyCommerce Committee held in January and are a continuation of our investigation into crypto’s impacts on our energy grid and climate goals. I look forward to getting answers."

@FrankPallone August 17, 2022 on Twitter

"As cryptocurrency swiftly rises in popularity, we must understand and address the environmental impacts it is having on our communities and our planet. That’s why I’m holding a hearing on cryptomining’s growing energy footprint so we can prepare for cleaner alternatives."

@FrankPallone January 13, 2022 on Twitter

Crypto bill sponsorship

Rep. Frank Pallone has put out 0 crypto bills.

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This representative has not sponsored or co-sponsored any crypto bills.

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