Current through 2024 NY Law Chapter 457
Section 19-0331 - Moratorium on air permit issuance and renewal1. For the period commencing on the effective date of this section and ending two years after such date, the department, after consultation with the department of public service, shall not approve a new application for or issue a new permit pursuant to this article, or article seventy of this chapter, for an electric generating facility that utilizes a carbon-based fuel and that provides, in whole or in part, behind-the-meter electric energy consumed or utilized by cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions.2. For the period commencing on the effective date of this section and ending two years after such date, the department shall not approve an application to renew an existing permit or issue a renewal permit pursuant to this article for an electric generating facility that utilizes a carbon-based fuel and that provides, in whole or in part, behind-the-meter electric energy consumed or utilized by a cryptocurrency mining operation that uses proof-of-work authentication methods to validate blockchain transactions if the renewal application seeks to increase or will allow or result in an increase in the amount of electric energy consumed or utilized by a cryptocurrency mining operation that uses proof-of-work authentication methods to validate blockchain transactions.N.Y. Envtl. Conserv. Law § 19-0331
Added by New York Laws 2022, ch. 628,Sec. 2, eff. 11/22/2022, op. to all permits or renewal applications filed after 11/22/2022..