BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

NY Supreme Court Allows Greenidge Mining to Continue Amid Legal Hurdles

by Dan K
Nov 15, 2024 - 11:01 pm
in Blockchain
A digital stock chart representing crypto market liquidation data updates.

Greenidge Wins Court Approval but Faces Regulatory Challenges

The New York Supreme Court has ruled to allow Greenidge Generation to continue its operations and reapply for its Clean Air Act Title V permit. This ruling follows from a 2022 denial of its application to renew an air permit by the New York State Department of Environmental Conservation because of potential violations of the state’s Climate Leadership and Community Protection Act.

Judge Vincent Dinolfo’s ruling overturned the DEC’s denial, finding that the agency had behaved arbitrarily and capriciously in making its final decision. However, the court did confirm that the DEC had the authority under the CLCPA to deny such permits, in that respect demonstrating that Greenidge must remain subject to onerous environmental strictures going forward.

Denial of Permit Under Appeal

The case emerged after Greenidge lost an appeal against the DEC’s denial of permits in May this year. Facing a possible shutdown, Greenidge launched an Article 78 petition in efforts to secure a judicial review. Thanks to a Nov. 14 court decision, the Bitcoin mining facility located in Dresden, New York, has been allowed to continue running while the DEC reconsiders this application.

Judge Dinolfo emphasized that, though the DEC was within its rights to deny the permit, given the climate laws in place, there were major errors on the part of their reasoning. The case has now been referred back to the DEC, pending reconsideration, after the court decision.

Polarized Reactions

The ruling has attracted wide and varied reactions from all sides. Greenidge celebrated the decision as a huge victory for its local workforce and against what it described as “politically motivated governmental overreach.” It said it remained supremely confident in its ability to meet environmental standards while continuing operations.

But environmental groups were less enthused. Earthjustice, speaking on behalf of several advocacy organizations, expressed frustration with the court’s decision to allow Greenidge to continue operating while litigation continues. “Greenidge is gaming the system to avoid accountability for its outsized role in polluting our air and heating our planet under New York’s landmark climate laws,” Sierra Club Atlantic Chapter chair Kate Bartholomew said in a statement.

The case serves as a reminder of the tensions among economic interests, environmental advocacy, and New York’s high-minded climate goals, as reconsideration of Greenidge’s permit works its way through the process. Though the company has dodged a bullet, it remains squarely in the sights of regulators and environmental groups.

Tags: BlockchainRegulationWeb3
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

China’s financial authorities evaluate launching yuan-backed stablecoins through state-owned entities

China Considers Yuan-Pegged Stablecoins: State-Owned Firms Ordered to Study Feasibility

July 15, 2025

China instructs state-owned firms to explore yuan-pegged stablecoins, hinting at a softening stance as global stablecoin adoption rises.

Exterior of the Czech National Bank building representing its new investment strategy including crypto assets

Czech Central Bank Enters Crypto with Coinbase Stake, Expands Palantir Holdings

July 13, 2025

Czech National Bank adds Coinbase to US portfolio, signaling crypto interest, while expanding Palantir stake amid AI investment...

Changpeng Zhao, Binance co-founder, reacts to Bloomberg’s Trump stablecoin claims

Binance’s CZ Threatens to Sue Bloomberg Over Trump Stablecoin Report

July 12, 2025

CZ denies ties to Trump-backed stablecoin USD1, slams Bloomberg report as defamatory, and warns of legal action over...

Donald Trump in front of WLFI crypto charts showing rising token value

Trump’s Crypto Wallet Rises as WLFI Eyes Open Trading and Market Liquidity

July 12, 2025

Trump’s crypto wallet rose 2.5% as WLFI proposed open trading, a move that could unlock billions linked to...

Press Releases

png 115

BTC Miner: Earn $100-$100,000 Daily – The Fastest Growing Crypto Mining Platform of 2025!

June 25, 2025

BTC Miner, the fastest growing platform in 2025, opens a new era of inclusive cryptocurrency mining, allowing everyone to participate...

image2

Could XYZVerse Overtake DOGE and SHIB? Analysts Say $0.003333 Could Explode to $10!

March 30, 2025

XYZVerse aims to outpace DOGE and SHIB, with bold $10 price goals, strong community rewards, and rising demand as it...

image1 1

Massive Institutional BTC Buys Could Launch the Next Bull Market: 5 Altcoins to Watch

March 29, 2025

Institutional Bitcoin buys may trigger a market surge. Five altcoins, including $XYZ, stand to gain—early investors could see major ROI...

image1

XRP Faces Strong Resistance While XYZVerse Gains Early Investor Attention With 10 Billion $XYZ Airdrop

March 28, 2025

XRP struggles at resistance, while XYZVerse grabs early investor attention with a 10B token airdrop and rapid growth toward a...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise