Doc7505
Diamond Member
- Feb 16, 2016
- 23,413
- 41,649
- 2,430
Brace for THOUSANDS more in energy costs — unless Albany fixes NY’s insane climate law
Brace for THOUSANDS more in energy costs — unless Albany fixes NY’s insane climate law
Critics, including us, have been warning that New Yorkers’ energy costs are about to soar even higher, thanks to the state’s insane 2019 climate law.
nypost.com
Critics, including us, have been warning tven put a price tag on the pain: a
hat New Yorkers’ energy costs are about to soar even higher, thanks to the state’s insane 2019 climate law.
Now, a state agency itself is confirming those warnings — and has e
whopping $4,100 a year extra per household by 2031.
That’s just for electricity, reports the New York State Energy Research and Development Agency; the bill for gas for home heating, as well as gasoline costs, are also set to shoot up. At the pump a gallon of gas is expected to go up an eye-watering $2.23.
Plus, businesses’ utility costs could rise 46%, and truck-delivery expenses over 60% — sending consumer prices through the roof.
Gov. Kathy Hochul seems to have recognized at least the political danger: As she runs for reelection on a promise of affordability, voters won’t find the extra hit particularly “affordable.”
So she appears set to push for changes or delays to the law — at least until after she’s safely reelected.
~Snip~
Truth is, opponents have been flagging its astronomical (and pointless) costs for years.
Last year, even the left-leaning Progressive Policy Institute called it an “undeniable” failure that’s only succeeded in “driving up costs for families, constraining reliable supply” and imperiling “the political viability of the state’s climate agenda.”
The Climate Act was first championed by ex-Gov. Andrew Cuomo before Hochul doubled down on slashing gas emissions by 40% by 2030 with the goal of achieving 100% zero-carbon-emission electricity by 2040.
~Snip~
Hochul has already quietly pushed her new energy tax — the “cap and invest” program for reducing greenhouse gas emissions — past this fall’s election.
She’s also paused the state’s all-electric building mandate. And she’s sought new modular nuclear-power plants upstate.
Yet she’ll need the Legislature’s backing even just to delay the law’s mandates, and Senate Majority Leader Andrea Stewart Cousins, for one, is already on record opposing any effort to mess with them.
Unless Albany lawmakers get on board and head off the additional costs, voters would be justified in showing them the door come November.
Commentary"
It seems that the choices New Yorkers make for their Mayors and Governors continues to baffle the rest of the U.S.
Just look at the choices for Governor; Spitzer, Patterson, Cuomo and now Hochul.
Aside from their sexual proclivities there's their decision making. For Example vetoing the Franking processes of the Marcellus shale in NY state and killing of the proposed pipeline.
Then there's enacting the "All-Electric Buildings Act", becoming the first U.S. state to effectively phase out natural gas stoves and fossil-fuel heating in most new construction.
New York State is becoming second only California in taxing it's residence in the U.S.
That's no better than Mayoral winners of NYC like DeBlasio, Adams and now Mandami.
Is it any wonder why people are leaving the state in droves?
