Hochul Signals Climate Law Rollback Over Affordability Fears

1 min read
Source: Politico
TL;DR Summary

New York Gov. Kathy Hochul is moving to weaken the 2019 climate law amid rising energy costs, signaling a major budget-driven rollback of ambitious decarbonization targets while arguing it’s needed to protect ratepayers; the plan has business and labor backing but faces opposition from environmentalists, as Albany gears up for a tight budget debate with an April deadline that could reshape the state’s climate and energy policy.

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