Category: New York

New York may be on board to be the fifth state in the nation to hold producers responsible for packaging products. 

Thus far, Maine, Oregon, Colorado, and California have enacted extended producer-responsibility laws.  The EPR laws assign both financial and operational responsibility for the end of life of products, and are an important tool for managing and lowering consumer waste. In other words, the programs require the producers of packaging products to finance the costs of recycling or disposing of products that consumers no longer …

A few weeks after her election as New York’s first female governor, and a couple days before New Yorkers sat down to Thanksgiving dinner, Gov. Kathy Hochul on Nov. 22 finally signed an environmental conservation moratorium on new cryptocurrency mining operations, which both houses of state’s Legislature passed over the summer. (The bill’s progress was followed and reported on by ELM all year, most recently here.)

For two years, the law will disallow crypto mining companies from using the energy-intensive “proof-of-work” method to mint …

Just weeks after both houses of the New York State legislature finally passed an environmental-conservation moratorium on new cryptocurrency mining operations (as previously reported by ELM here: New York is Ready to Attack Crypto Mining), the Department of Environmental Conservation (NYSDEC) announced its long-awaited decision concerning the air permit renewal application by a former coal-fired plant near Seneca Lake. The facility, purchased and refurbished by Greenidge Generation to run an extensive crypto mining business, has been dependent on roughly 17,000 servers. As previously addressed …

On June 3, 2022, the New York State Senate passed the first bill in the country that bans certain cryptocurrency (crypto) mining operations. This bill, passed by the New York State Assembly in April 2022, now goes to Governor Kathy Hochul for her signature. The bill imposes a two-year moratorium on crypto mining operations that “require proof-of-work authentication methods to validate block chain transaction.” The bill would also require the New York State Department of Environmental Conservation to prepare a “generic” environmental impact statement on cryptocurrency mining operations using proof-of-work authentication …