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Hochul's Climate Law Revisions Spark NY Budget Debate

Hochul's Climate Law Revisions Spark NY Budget Debate

New York City News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 20, 20261m 50s

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Show Notes

New York Governor Kathy Hochul proposes adjustments to the states 2019 Climate Leadership and Community Protection Act, aiming to balance affordability and climate goals. Her suggestions include delaying regulations, easing emissions caps, and updating carbon tracking. The changes face opposition from both Democrats and Republicans, with some advocating for better cost-cutting methods and others calling for a full repeal. The laws original targets include 70% renewable electricity by 2030 and 85% emissions reduction by 2050. However, progress has been slowed by pandemic issues, inflation, high fossil fuel prices, and federal obstacles. The outcome of budget negotiations, due by April 1st, remains uncertain.

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