NY judge allows crypto miner Greenidge to operate but affirms state's power to deny permits over emissions.

A New York State Supreme Court judge's ruling initially allowed Greenidge Generation, a cryptocurrency mining company, to continue operations by rejecting the state's denial of its air permit renewal. However, the court also upheld the state's authority to deny permits based on New York's climate law. Greenidge will need to provide further evidence to justify its operations, which have contributed to significant CO2 emissions. Environmental groups are working to ensure the company complies with the state's climate regulations.

November 15, 2024
26 Articles