Green Policy and Crypto Energy Consumption in the EU By Cointelegraph


Green Policy and Crypto Energy Consumption in the EU

Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal of the existing regulatory barriers on technology, infrastructure, finance and tax policy. In this series, my articles evaluate the tax, digital technology and solar policies (including space power satellites) of the countries that emit the highest volumes of carbon dioxide.

Proving the heliocentric model of our solar system put forward by European scientists Aristarchus of Samos (310–230 BC, Greece), Nicolaus Copernicus (1473–1543, Poland), Galileo Galilei (1564–1642, Italy) and Johannes Kepler (1571–1630, Germany) took 2,200 years, when the German–American spaceflight, the Helios 2 solar probe, cruised within 26.55 million miles (42.73 million kilometers) of the sun in April of 1976. Now, the European Union is solarizing its digital economy at a much faster pace.

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