A controversial bitcoin mining operation on the largest of central New York's Finger Lakes does not meet the requirements of state climate laws, New York’s Department of Environmental Conservation ruled Thursday.
Renewing the air permit for the Greenidge facility on Seneca Lake “would be inconsistent with or would interfere with the attainment of statewide greenhouse gas emission limits,” the Department of Environmental Conservation, or DEC, said in its ruling.
Local residents and environmental groups lauded the decision. Greenidge said it would continue to operate the plant under its current permit while it challenged the DEC ruling. The company added that its "facility represents a remarkably insignificant 0.2% of New York’s target GHG [greenhouse gas] emissions level for 2030" and that its emissions are down by 70% compared to the reference date of 1990 under the law.
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