The Briefing Room
State Chapters => NY/NJ => Topic started by: Kamaji on May 04, 2023, 08:01:48 pm
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Albany Democrats approve ‘cap and invest’ plan that could increase gas prices by 62 cents per gallon
By Zach Williams
May 3, 2023
ALBANY — The $229 billion state budget approved Tuesday includes a “cap and invest” plan to cut carbon emissions that Gov. Kathy Hochul’s administration has admitted will fuel future spikes in energy costs.
Gasoline prices could increase by 62 cents per gallon while natural gas costs might skyrocket by 80%, Department of Environmental Conservation Commissioner Basil Seggos said in late March.
The prices would go up as fuel producers pay for their carbon emissions under the plan, and then pass that cost on to consumers, according to Seggos.
The warning was part of an unsuccessful effort by Gov. Kathy Hochul ahead of the April 1 state budget deadline to convince state lawmakers to loosen pollution limits to reduce projected price increases due to “cap and invest” aiming to make polluters pay for emitting carbon.
“It’s going to raise costs on anything that’s being produced by these facilities that use natural gas and produce emissions,” state Sen. Tom O’Mara (R-Elmira) said at the Capitol Wednesday before voting against the budget.
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Source: https://nypost.com/2023/05/03/ny-approves-plan-that-could-increase-gas-prices-by-62-cents-per-gallon/
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Just another nail in New York's coffin.
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Just another nail in New York's coffin.
Yes, and more incentive to move away.
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Will NYC eventually become a ghost town, or just a city full of ILLEGALS, homeless, addicts, alcoholics, etc??
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Will NYC eventually become a ghost town, or just a city full of ILLEGALS, homeless, addicts, alcoholics, etc??
It'll become like most other third-world cities - a toxic mix of the ultra-wealthy and the destitute, without a real middle class.
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It'll become like most other third-world cities - a toxic mix of the ultra-wealthy and the destitute, without a real middle class.
Rio on the Hudson!
Favelas for everyone!
(https://media-cldnry.s-nbcnews.com/image/upload/t_fit-1240w,f_auto,q_auto:best/newscms/2016_31/1652261/favela-rio-ejo-080316.jpg)
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Smokin' Joe wrote:
"Rio on the Hudson!
Favelas for everyone!"
Reminds me of the movie I watched last weekend:
Elysium
It was interesting and I have to say I liked it, HOWEVER, it had an underlying theme:
There are no "illegal" citizens (of Elysium, that is).