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November 25, 2024
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NY Slaps Moratorium on Certain Crypto Mining Permits
First-in-nation Measure Seeks to Limit Emissions Impact
New York has placed a moratorium on permits for fossil fuel-burning cryptocurrency mining operations such as this one, operated by Greenidge Generation Holdings in Dresden, N.Y.
New York has placed a moratorium on permits for fossil fuel-burning cryptocurrency mining operations such as this one, operated by Greenidge Generation Holdings in Dresden, N.Y. | Greenidge Generation Holdings
Citing climate risks, New York imposed the nation’s first moratorium on permitting new crypto mining operations powered by fossil fuel generation.
Environmental & Social JusticeFossil FuelsNatural GasNew YorkNYISOState and Local Policy