Artificial Intelligence Environmental Impacts Act of 2024

This bill directs the EPA, Energy Department, and other agencies to study AI's full environmental lifecycle impacts - including energy use, water consumption, e-waste, and pollution from hardware and data centers - within two years. It establishes a voluntary reporting system for AI developers and operators to share data on their environmental footprint, along with a stakeholder consortium to create standardized measurement tools. The bill requires a public report to Congress within four years detailing study findings, the reporting system, and recommendations for reducing negative impacts or promoting positive ones. It affects companies developing or operating AI systems (designated as "voluntary reporting entities") but does not mandate specific actions or penalties.