Greenidge Generation Secures New York Air Permit with Mandated Emissions Reductions

Reuters11-08
Greenidge Generation Secures New York Air Permit with Mandated Emissions Reductions

Greenidge Generation Holdings Inc. announced that it has reached an agreement with the State of New York on a new five-year renewal of its Title V Air Permit for its Dresden, NY facility. The agreement includes emissions reduction requirements that mandate an immediate reduction in the facility's potential to emit greenhouse gases and a 44% reduction in permitted emissions by 2030, exceeding the state's Climate Leadership Community Protection Act target of a 40% reduction by 2030. The facility will continue to provide power to the local energy grid and can increase its supply during periods of high demand. The agreement resolves all litigation and administrative appeals between the company and the state, with the New York State Department of Environmental Conservation set to issue the final permit.

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