New York’s Clean Energy Standard: Costly and Ineffective

[rangerrebew]

New York’s Clean Energy Standard: Costly and Ineffective
Institute for Energy Research image

By Institute for Energy Research —— Bio and Archives October 4, 2017

 
New York’s Clean Energy Programs

In 2016, the New York Public Service Commission enacted the Clean Energy Standard (CES), requiring 50 percent of all electricity sold by the state’s utilities to come from renewable generating resources and greenhouse gas emissions (GHG) to be reduced by 40 percent below 1990 levels—both by 2030. The standard also incorporates New York’s previous emissions reduction mandate, requiring that the state’s greenhouse gas emissions be reduced 80 percent below 1990 levels by 2050 (the “80 by 50” mandate).

http://canadafreepress.com/article/new-yorks-clean-energy-standard-costly-and-ineffective

[thackney]

Key to their scheme is the purchase of renewable energy credits, alternative compliance payments, and zero-emissions credit.  Meaning they can buy their way into pretending they are green.

https://www.nyserda.ny.gov/All-Programs/Programs/Clean-Energy-Standard

[IsailedawayfromFR]

Meanwhile, while pretending to be green in NYC, the state is staying the course with their nuclear subsidies.  https://www.nytimes.com/2016/08/02/nyregion/new-york-state-aiding-nuclear-plants-with-millions-in-subsidies.html

Why?  Because they have no alternative than to do so to keep the lights on.