News

New York passes sweeping plan to reduce emissions and ‘lead the way on solving climate change’

Politico · Marie J. French · last updated

A climate plan approved Monday paves the way for New York to enact a “cap and invest” program similar to California’s long-established cap-and-trade system.

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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.

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