Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • The hidden risks of vibe coding: 4 steps to protect your organization
    • American Eagle is back with Syd and not sorry about it
    • Drowning Out the Noise | The Nation
    • Home prices are falling in these 89 housing markets—see what’s behind it
    • How to hide your sensitive info (for real) when using ChatGPT and other AI chatbots
    • The bigger point the DoorDash Grandma squabble missed
    • An Etsy-style retail chain abruptly closed all of its stores, leaving customers and vendors blindsided
    • Anthropic launches an AI design tool to take on all the other AI design tools
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»New York’s governor wants to delay a landmark climate law. That could cost households thousands in energy bills
    Business 5 Mins Read

    New York’s governor wants to delay a landmark climate law. That could cost households thousands in energy bills

    Business 5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Kathy Hochul, the governor of New York, has proposed a delay to the state’s landmark 2019 climate law, saying its goals would be too costly and could worsen already-expensive utility bills.

    But a coalition of climate, labor, and community groups counters that there are serious costs to not meeting the law’s climate goals—like more expensive energy bills, lost jobs, and health impacts caused by pollution.

    Delaying the law would cost New Yorkers nearly $9,000 on their energy bills per household over five years, due to the loss of billions of dollars in energy credits or rebates, according to an analysis from NY Renews.

    The proposed rollbacks would mean roughly 150,000 jobs lost statewide, as well as 5,000 premature deaths and 4,000 asthma hospitalizations over the next five years.  

    Hochul’s proposed Climate Law changes

    In 2019, New York state passed the Climate Leadership and Community Protection Act, known colloquially as the Climate Law. It was signed into law by Hochul’s predecessor Andrew Cuomo.

    It was a landmark policy, making New York “one of the first states to put in law enforceable mandates that the state decarbonize and take steps to meet its climate goals,” says Stephan Edel, executive director of NY Renews.

    The law requires cutting greenhouse gas emissions 40% by 2030 (as compared to 1990 levels) and 85% by 2050. 

    In a recent op-ed, Hochul proposed pushing that 2030 goal to 2040, and also changing the way the state measures methane emissions, which experts say means much of this pollution could go undetected.

    While the Climate Law sets emissions reduction targets, it doesn’t specify how the state should meet those goals.

    Hochul was supposed to release the regulations for mandating these reductions by January 2024; she did not, and is now being sued by environmental groups for missing that deadline.

    In her op-ed, Hochul proposed issuing those regulations for how the state reduces emissions by the end of 2030, pushing back the entire enforcement of the Climate Law.

    The law will save households money

    In making her proposals, Hochul has said the effort to meet the Climate Law’s 2030 targets would actually make utility bills spike, and even cause gas prices at the pump to surge more than $2 a gallon.

    Those figures reportedly come from a memo from the New York State Energy Research and Development Authority (which the governor controls). But multiple environmental groups dispute those estimates.

    The high costs represent a “worst-case scenario” calculation, Edel says, that doesn’t reflect the actual policy that would take place. NY Renews’s own research says these programs help save money for households, particularly for low-income and disadvantaged communities.

    Another group, Earthjustice, also disputed the costs, reiterating in a statement that the “estimates do not reflect the costs for any realistic policy that the state would actually pursue,” and that the figures should include rebates and subsidies for energy customers. That group also noted that the state “exaggerated” carbon costs for polluters.

    Edel adds that the governor’s office hasn’t been “transparent” in how it put that memo about costs together. (Fast Company has reached out to Hochul’s office for comment.)

    Climate crisis is too urgent to kick down the road

    Concerns about rising utility costs and gas prices are valid. But those concerns are being driven by fossil fuels. That’s been clear with the conflict in Iran; New York gas prices have spiked 21% since the unrest began.

    “What we could do best to sustainably stabilize and lower bills is actually get people off fossil fuels, make their homes more energy efficient, and in doing that [make their homes] healthier and safer,” Edel says.

    The NY Renews analysis looks at the state’s own research on the impact of climate programs to quantify what New Yorkers would lose out on if the law is delayed and altered.

    Along with causing New Yorkers to miss out on $9,000 in household energy bill savings over five years, and 150,000 jobs statewide, the analysis finds that the state will lose between $15 and $60 billion in local revenue.

    That’s money that would have been invested in communities for things like rooftop and community solar, electric buses, weatherization for affordable housing, and infrastructure and resiliency projects.

    Hochul has framed the Climate Law as something at odds with affordability efforts—claiming that its delay would protect residents from future costs. NY Renews says that’s not supported by the research. 

    Delaying the law also conflicts with the urgency climate experts say is needed to address these issues.

    “If we give the governor the power to kick the can down the road,” Edel says, “it fundamentally undermines the rationale of having . . . legally mandated climate goals, [and] the idea that this is an urgent problem that needs to be addressed.”

    “The governor should not have the discretion to just be like, ‘Yeah, I don’t feel like dealing with climate change,’” he adds, “because it’s really here.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The hidden risks of vibe coding: 4 steps to protect your organization

    April 18, 2026

    American Eagle is back with Syd and not sorry about it

    April 18, 2026

    Home prices are falling in these 89 housing markets—see what’s behind it

    April 18, 2026
    Top News
    Business 6 Mins Read

    Here’s why you don’t need a magic GEO hack

    Business 6 Mins Read

    You may remember this, if you are old enough: In 2002, search engine optimization (SEO)…

    AI will power Fandom from spectator to co-star

    March 13, 2026

    Dr. Peter McCullough On Ivermectin’s Striking Anti-Cancer Potential | The Gateway Pundit

    October 21, 2025

    Moms share 34 ways businesses can do better for parents

    October 24, 2025
    Top Trending
    Business 5 Mins Read

    The hidden risks of vibe coding: 4 steps to protect your organization

    Business 5 Mins Read

    You’ve likely heard of vibe coding and very well may have conducted…

    Business 6 Mins Read

    American Eagle is back with Syd and not sorry about it

    Business 6 Mins Read

    “What brand am I wearing?” Sydney Sweeney says, looking into the camera…

    US Politics 13 Mins Read

    Drowning Out the Noise | The Nation

    US Politics 13 Mins Read

    The Weekend Read / April 18, 2026 How music became the cathartic…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    The hidden risks of vibe coding: 4 steps to protect your organization

    April 18, 2026

    American Eagle is back with Syd and not sorry about it

    April 18, 2026

    Drowning Out the Noise | The Nation

    April 18, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.