Europe reaches historic deal to put pollution price on imports
The Carbon Border Adjustment Mechanism will cover carbon-intensive sectors such as cement, steel, aluminum fertilizers and electricity production and hydrogen.
The country’s electricity coordinator has started a program to track each megawatt hour of renewable power from when it’s generated until it’s consumed.
Authorities decided to act after concluding the spike in electricity consumption from server farms underpinning Bitcoin and other tokens was a key factor behind rising demand for coal.