Hochul formally pitches delaying NY climate mandates amid crippling looming utility hikes
Key Points:
- New York Gov. Kathy Hochul has formally requested a delay in the implementation of key climate policies aimed at reducing emissions by 40% by 2030, citing concerns over soaring utility and gasoline costs for residents and businesses.
- Hochul's proposal would push the 2030 deadline back to 2040 and adjust the emissions calculation methodology to be less stringent, while maintaining the 2050 emissions goals.
- The governor denies that recent utility price increases are related to the climate law mandates, despite a state memo projecting an additional $4,000 per household in costs by 2030 under the current plan.
- The proposal has sparked backlash from environmentalists and progressive Democrats, who argue that delaying action on climate goals is unacceptable