New York's energy research agency says the state's landmark climate law is infeasible

"The letter warned that if the law is implemented, New York City households could see their natural gas bills increase by $2,300 annually by 2031. Fossil fuel costs could increase significantly across the board and gasoline prices in the state would exceed $5 per gallon as a result of the rules, NYSERDA warned."

"The 2019 Climate Leadership and Community Protection Act calls for 70% of the state's power to come from clean energy sources by 2030, and become completely emission-free energy by the end of the next decade. Currently, the state is way off its targets. The grid that powers New York City is about 90% reliant on fossil fuels."

"Addressing this cost escalation is essential to deliver a policy that supports affordability and economic competitiveness and is necessary to ensure continued progress on decarbonization policy."

New York State's Energy Research and Development Authority warned Governor Hochul that the 2019 Climate Leadership and Community Protection Act is infeasible and prohibitively expensive to implement. The law mandates 70% clean energy by 2030 and complete emission-free energy by 2040. NYSERDA projects New York City households could face $2,300 annual increases in natural gas bills by 2031, with gasoline prices potentially exceeding $5 per gallon. The state currently relies 90% on fossil fuels for power and significantly lags behind climate targets. Multiple entities, including the independent grid operator and state agencies, have raised concerns about implementation feasibility. Governor Hochul is pursuing legal modifications to the law after delaying implementation for over two years.

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