New York denies permit renewal for bitcoin mining company, calling it threat to state's climate goals

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New York officials denied required air permit renewals Thursday to a bitcoin-mining power plant on the grounds that it was a threat to the state's climate goals.

The state's permitting decision involved Greenidge Generation, an old coal-fired plant by the shore of Seneca Lake that had once been shut down, but was converted from coal to natural gas several years ago and began bitcoin mining in earnest in 2020.

Greenidge Generation bitcoin mining facility, in a former coal plant by Seneca Lake in Dresden, New York, is shown in this photo from November 2021."Instead of helping to meet the current electricity needs of the state as originally described, the facility is operating primarily to meet its own significant new energy load," the agency said in its letter to the company.

Climate activists who see Greenidge as a test case had asked Gov. Kathy Hochul's administration to deny renewal of the plant's air quality permit and to block similar projects.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“New York” meanwhile I’m suffocating because of broken ceiling tiles and a bacteria filled basement

Fire one

RussiaIsATerroristState

《用英语语感与思维学习英用》ISBN: 97804633421833個小時擁有英語思維.英語就是你的母語--amazon.com/dp/B09ZNQF2H4.或苹果书店搜'英语语感与思维'现找亚洲翻译,日语,韩语,俄罗斯,越南语等翻译,有亚洲教育系统关系的可以联系我合伙.有资金的也可合伙

Good

This is what the Democrats do. They destroy business for their green new deal.

This article makes no sense.

A state in decline

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines