New York Governor Abandons Methane Metric Change Amid Climate Law Criticism

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Source: POLITICO
New York Governor Abandons Methane Metric Change Amid Climate Law Criticism
Photo: POLITICO
TL;DR Summary

New York Governor Kathy Hochul's climate officials have dropped a proposal to rewrite the state's climate law amid criticism from environmental advocates and lawmakers. The proposal aimed to change how New York accounts for its emissions, but it is no longer a priority in budget negotiations. The state is still seeking a deal on "cap and invest," which would set up an auction for emissions allowances and drive increased gas and energy prices that would include a rebate to consumers to cushion the cost at the pump. New York's climate law was the most ambitious statutory mandate in the nation requiring emissions reductions when it passed in 2019.

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