News

Climate law surfaces as an unexpected battleground in state budget talks - Crain's New York Business

Crain's New York Business · last updated

Climate law surfaces as unexpected battleground in NY budget talks | Crain's New York Business

A potentially major revision in the way New York accounts for its methane emission has become a surprise battleground in budget negotiations.

Gov. Kathy Hochul is pushing for an eleventh-hour budget change that could enable New York to burn more natural gas and other fuels for decades longer than the state’s 2019 Climate Leadership and Community Protection Act allows.

The technical change is proposed as part of a bill introduced last week by state Sen. Kevin Parker, chair of the Senate Energy Committee, and his Assembly counterpart, Didi Barrett.

Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

More informationabout Climate legislation