View or download a PDF of the letter here.

AFR joined nearly 80 environmental and public interest advocates calling on Majority Leader Schumer to prevent the consideration of deeply flawed crypto legislation being discussed in the Senate Agriculture Committee because it would worsen climate emissions. Crypto is highly energy intensive and has already buoyed fossil fuel power plants, extraction, and climate emissions. The letter concludes “The Senate should not take up modest and ineffective crypto regulations that fail to protect consumers from known economic risks of fraud, abuse, and crypto meltdowns and also accelerates climate change and props up the fossil fuel industry.”