Author Topic: NYS ‘Green New Deal’ plan will cost NYers ‘hundreds of billions’ in energy bills  (Read 167 times)

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Offline Kamaji

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‘Green New Deal’ plan will cost NYers ‘hundreds of billions’ in energy bills: official

By Carl Campanile
May 15, 2022

New Yorkers will have to pay “hundreds of billions of dollars” in higher utility bills due to the state’s “Green New Deal”-inspired plan, according to a top energy regulatory official — who accused lawmakers of hiding the true cost of the bill.

John Howard, former chairman and current member of the state Public Service Commission, claimed former Gov. Andrew Cuomo and the Democratic-run legislature never leveled with the public on the costs associated with the Climate Leadership and Community Protection Act approved in 2019.

Howard, during a PSC session Thursday, said local pols “totally obfuscated” the costs of the plan because the sticker shock would have made the initiative unpopular.

The law, which Cuomo signed in a ceremony with Al Gore at his side, requires New York to slash greenhouse emissions by 40% by 2030 and no less than 85% by 2050 by transitioning from fossil fuels to renewable energy sources, such as hydropower, solar and wind. The state Climate Action Council, meanwhile, is charged with developing a plan to put the state on a path toward zero carbon emissions.

Lawmakers, Howard said, refused to directly vote to raise taxes to pay for the capital investments required to develop cleaner energy alternatives to fossil fuels — and left the PSC to be the fall guy.

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Source:  https://nypost.com/2022/05/15/green-new-deal-plan-will-cost-nyers-hundreds-of-billions-official/

Offline verga

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The average CO2 content right now is about 400 ppm, If it falls below 150 ppm that will be the end of life on earth. Plants wilkl now longer be alive to convert CO2 to Oxygen and without that well we will be gone.
In a time of universal deceit - telling the truth is a revolutionary act.
�More than any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.�-Woody Allen
If God invented marathons to keep people from doing anything more stupid, the triathlon must have taken him completely by surprise.