For Speedy Launch
Yesterday, Governor Kathy Hochul signed the first-in-the-nation cryptocurrency mining moratorium. The legislation will put a two-year pause on new and renewed air permits for fossil gas energy crops that home proof-of-work cryptocurrency mining, and require the state Division of Environmental Conservation (DEC) to conduct a examine into the follow’s environmental impacts.
Eric Weltman, Senior New York Organizer with Meals & Water Watch mentioned:
“Governor Hochul has struck a robust blow in opposition to fracking and fossil fuels. This can be a victory for our local weather and communities over grasping companies. By signing the moratorium invoice, Hochul has taken an essential and mandatory step in direction of transferring New York off fossil fuels. New York has no hope of reaching its local weather objectives if we permit the burning of fossil fuels for cryptocurrency mining. We look ahead to Hochul taking the subsequent step and shutting the 2 amenities, Greenidge within the Finger Lakes and Fortistar in North Tonawanda, already utilizing fracked gasoline for Bitcoin mining.”
Contact: Phoebe Galt, [email protected]