Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State’s Department of Environmental Conservation (DEC), according to a Nov. 14 statement.
Judge Vincent Dinolfo of the New York Supreme Court determined that the DEC’s actions in denying Greenidge’s Title V Air Permit application were legally flawed and arbitrary. He also stated that the agency’s decision lacked a rational foundation under the Climate Leadership and Community Protection Act (CLCPA) Section 7(2), criticizing its interpretation of the law.
The conflict began in August when Greenidge filed a lawsuit against the DEC after the agency denied its application for an air permit at its Dresden-based facility. The DEC cited non-compliance with CLCPA regulations as the basis for its decision. Greenidge contested this, arguing that the denial was unjustified and exceeded the DEC’s authority.
Although Greenidge’s initial appeal was dismissed in May, the company was granted a four-month operational waiver, allowing it to continue operations until Sept. 8. This recent court decision now ensures its ability to operate without interruption.
Greenidge described the ruling as a victory over political interference in the rule of law. The company argued that while the CLCPA aims to address climate concerns, it does not empower agencies to bypass legislative processes or compromise livelihoods.
The firm stated:
“This decision highlights the growing importance of data center operations – whether supporting AI, digital currency, cloud computing, or other high-tech businesses – and how we can bring modern career paths to Upstate New Yorkers, who have waited far too long for the opportunity.”
The firm noted that this decision reinforces the possibility of aligning economic growth with environmental goals. Greenidge underscored its ability to contribute to the state’s climate objectives while generating jobs and economic activity in the region.
Greenidge also highlighted the financial impact of DEC’s actions. According to Google Finance data, its stock price had dropped by nearly 64% year-to-date. However, following the favorable court ruling, the company’s stock surged by over 55% at pre-market trading.
Mentioned in this article
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State’s Department of Environmental Conservation (DEC), according to a Nov. 14 statement.
Judge Vincent Dinolfo of the New York Supreme Court determined that the DEC’s actions in denying Greenidge’s Title V Air Permit application were legally flawed and arbitrary. He also stated that the agency’s decision lacked a rational foundation under the Climate Leadership and Community Protection Act (CLCPA) Section 7(2), criticizing its interpretation of the law.
The conflict began in August when Greenidge filed a lawsuit against the DEC after the agency denied its application for an air permit at its Dresden-based facility. The DEC cited non-compliance with CLCPA regulations as the basis for its decision. Greenidge contested this, arguing that the denial was unjustified and exceeded the DEC’s authority.
Although Greenidge’s initial appeal was dismissed in May, the company was granted a four-month operational waiver, allowing it to continue operations until Sept. 8. This recent court decision now ensures its ability to operate without interruption.
Greenidge described the ruling as a victory over political interference in the rule of law. The company argued that while the CLCPA aims to address climate concerns, it does not empower agencies to bypass legislative processes or compromise livelihoods.
The firm stated:
“This decision highlights the growing importance of data center operations – whether supporting AI, digital currency, cloud computing, or other high-tech businesses – and how we can bring modern career paths to Upstate New Yorkers, who have waited far too long for the opportunity.”
The firm noted that this decision reinforces the possibility of aligning economic growth with environmental goals. Greenidge underscored its ability to contribute to the state’s climate objectives while generating jobs and economic activity in the region.
Greenidge also highlighted the financial impact of DEC’s actions. According to Google Finance data, its stock price had dropped by nearly 64% year-to-date. However, following the favorable court ruling, the company’s stock surged by over 55% at pre-market trading.
where can i get clomid pill can i purchase generic clomiphene for sale where to buy generic clomiphene tablets how to get cheap clomiphene tablets clomiphene order can you get clomiphene pills buy clomiphene tablets
The sagacity in this piece is exceptional.
I couldn’t weather commenting. Warmly written!
buy generic zithromax for sale – floxin 200mg drug order flagyl 200mg
semaglutide 14 mg drug – order periactin buy cyproheptadine sale
domperidone order online – purchase motilium online buy cyclobenzaprine sale
oral propranolol – methotrexate 2.5mg sale methotrexate over the counter
purchase amoxiclav pills – https://atbioinfo.com/ acillin pill
buy nexium 40mg – https://anexamate.com/ nexium 40mg sale
order medex without prescription – https://coumamide.com/ buy cozaar without a prescription
meloxicam cheap – https://moboxsin.com/ order meloxicam 15mg pill
buy deltasone 40mg for sale – https://apreplson.com/ buy generic deltasone 10mg
buy ed pills without a prescription – fastedtotake best ed pill
buy cheap amoxil – comba moxi buy cheap amoxicillin
buy fluconazole online cheap – https://gpdifluca.com/# fluconazole canada
cenforce oral – https://cenforcers.com/ generic cenforce 100mg
cheap cialis by post – ciltad generic cialis free trial voucher 2018
how long does cialis take to work – https://strongtadafl.com/ cialis patent expiration
ranitidine 300mg brand – https://aranitidine.com/# buy ranitidine 150mg pill
cheap viagra – herbal viagra **** ireland 50mg viagra prices
I am actually thrilled to glitter at this blog posts which consists of tons of useful facts, thanks towards providing such data. https://gnolvade.com/
Thanks recompense sharing. It’s top quality. order amoxicillin pills
I’ll certainly bring back to be familiar with more. https://ursxdol.com/sildenafil-50-mg-in/
The vividness in this ruined is exceptional. https://prohnrg.com/product/loratadine-10-mg-tablets/
This is the stripe of topic I enjoy reading. https://aranitidine.com/fr/viagra-100mg-prix/
This is the description of topic I enjoy reading. https://ondactone.com/spironolactone/
This is the big-hearted of writing I positively appreciate.
how to buy inderal