Dem-leaning group roasts NY’s inexperienced vitality legislation as an ‘undeniable’ failure as prospects zapped by hovering prices
It’s been one big, green goof.
The Empire State’s green energy push has been a pie-in-the-sky bust as politicians hit the brakes on their alternate energy goals — and New Yorkers get sticker shock from ever-soaring utility bills, a scathing new report found.
The analysis by the Democratic-leaning think tank the Progressive Policy Institute found a “clear and undeniable pattern of failure” across the most critical mandates of the 2019 Climate Leadership and Community Act.
“New York set bold climate targets, but ignored the economic and technical realities required to achieve them,” said PPI’s report author Neel Brown.
“The result is an energy system that is less reliable, more expensive, and now politically unsustainable. Unless policymakers course correct, the state risks turning a climate leadership story into a cautionary tale,” he added.
Key findings from the report:
In sum, the report said, the timelines for the green energy mandates are impractical.