NY’s Climate Law Hits the Wall; Hochul, Dems Want to Change It
Hell has officially frozen over. New York Governor Kathy Hochul is seeking to revise the state's 2019 Climate Act, recognizing that its mandates for a 40% reduction in greenhouse gas emissions by 2030 are financially unsustainable for New Yorkers and have become a major election issue due to rapidly rising energy costs. This move follows a court ruling compelling the state to either change the law or issue the "infeasible" regulations by a February 2026 deadline, a task the Department of Environmental Conservation (DEC) had previously avoided due to the "extraordinary and damaging costs" it would impose. The law's implementation is further complicated by state electric power "plans" that rely on non-existent technology, highlighting the impossibility of meeting the 2030 target and setting the stage for a significant political battle as the law finally hits an economic wall. But that's not all...To view this content, log into your member account. (Not a member? Join Today!)