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