NYS Climate Law Could Raise Home Energy Bills by Thousands, Memo Warns

TL;DR Summary
A NYSERDA memo estimates that fully implementing the Climate Leadership and Community Protection Act could raise average New Yorkers' energy costs—upstate gas/oil households may incur over $4,100 in gross costs and NYC about $2,300, plus roughly $2.23 per gallon for fuel—though affordability measures could reduce net costs to around $2,500 (upstate) or $1,500 (NYC). High-efficiency electrification could yield savings (about $1,500 upstate, $800 in NYC). Gov. Hochul is weighing changes to the law amid bipartisan pushback and federal hurdles, while advocates argue for expanding clean-energy initiatives instead of rolling back policies.
Topics:nation#budget#cap-and-invest#climate-policy#energy-and-environment#energy-environment#new-york-state
- Climate law mandates could cost New Yorkers $4,000 in higher energy bills, state analysis shows City & State New York
- ‘A public policy mistake’: Lawmakers oppose Hochul's effort to upend energy mandates Times Union
- Senator Helming Statement on NYSERDA’s Likely Costs of CLCPA Compliance The New York State Senate (.gov)
- NY Cap-and-Invest Program faces delays amid legal challenges Rochester Business Journal
- Kathy Hochul Is Failing on Climate Jacobin
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