The International Monetary Fund (IMF) has released a blog article highlighting the need to address increased electricity use and carbon emissions from crypto assets and artificial intelligence, as well as potential tax policies to mitigate the impact. --- Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help Crypto mining and data centers now account for 2 percent of global electricity use and nearly 1 percent of global emissions, and their footprint is growing. What do crypto assets and artificial intelligence have in common? Both are power hungry. Because of the electricity used by high-powered equipment to...