MCViewPoint

Opinion from a Libertarian ViewPoint

N.Y. lawmakers agree to historic climate plan

Posted by M. C. on June 19, 2019

…distribution of the funding…

That should be re-distributing your money.

Like the song says Will I stay or will I go?

https://www.eenews.net/stories/1060616261

Benjamin Storrow

Gov. Andrew Cuomo (D) said yesterday he has reached an agreement with legislative leaders over a bill to slash New York’s greenhouse gas emissions, setting the stage for one of the most significant state climate victories since President Trump took office.

The announcement, coming just days before the close of the legislative session, represented a big victory for climate activists, who have spent three years pushing for major legislation to curb greenhouse gases in the Empire State.

Lawmakers were still working on final amendments yesterday, but the outlines of the deal were becoming clear. The legislation calls for reducing emissions by 40% from 1990 levels by 2030 and 85% by 2050. The remaining 15% of emissions would be offset, making the state carbon neutral. The bill would also require that all electricity generation come from carbon-free sources by 2040. A Climate Action Council would be established to ensure the state meets its targets.

“I believe we have an agreement, and I believe it is going to pass,” Cuomo said in a radio interview on WAMC.

The comment ended months of speculation over the fate of climate legislation in New York. Democratic lawmakers, who seized complete control of state government when they took over the state Senate last fall, had been pushing a bill called the “Climate and Community Protection Act.” The bill would spend 40% of the state’s clean energy revenues on energy efficiency measures and renewable installations in disadvantaged communities.

That drew repeated public objections from Cuomo, who said he wanted to ensure that environmental revenue was spent on environmental programs. Ultimately, the two sides settled on a compromise: At least 35% of revenues would go to disadvantaged communities. That funding could rise as high as 40%, which would amount to $370 million in fiscal 2018-19.

“It was a question of the distribution of the funding,” Cuomo told WAMC. “I understand the politics on these issues. Everyone wants to make all these advocacy groups happy. Taxpayers’ money is taxpayers’ money. And if it’s taxpayers’ money for an environmental purpose, I want to make sure it’s going to an environmental purpose.

“This transformation to a new green economy is very expensive. We don’t have the luxury of using funding for political purposes.”…

Be seeing you

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