Tax on Crypto Mining Funds Climate
This is a news story, published by Verge, that relates primarily to Bitcoin news.
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climate taxVerge
•A proposed climate tax on crypto mining is gaining momentum
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84% Informative
Tax on Bitcoin mining could generate $5.2 billion in revenue annually , report says.
Bitcoin miners use more electricity annually than a majority of the world’s countries do individually.
The idea is that a climate tax could reduce emissions by incentivizing mining firms to clean up operations.
It could provide funding to help less affluent nations transition to renewable energy.
VR Score
86
Informative language
86
Neutral language
39
Article tone
formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Source diversity
8
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