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Dive Brief:
New York State is set to make significant changes to its climate goals and emission reduction deadlines as part of sweeping reforms outlined in its 2027 budget.
Gov. Kathy Hochul announced last week she had reached an agreement with state legislators on a $268 billion budget that will roll back key elements of New York’s 2019 Climate Leadership and Community Protection Act to help drive down rising energy costs. The law mandates statewide emissions reductions and a transition to clean energy.
Proposed changes to the CLCPA include scrapping a goal that requires a 40% reduction in greenhouse gas emissions by 2030, compared to 1990 levels, and replacing it with a target that seeks a 60% reduction in emissions by 2040. The new budget agreement also seeks to revise the accounting standard New York State uses to measure its emissions impact, updating the timeframe from 20 years to 100 years to match other national and global jurisdictions.
