New York’s “cap and invest” program (NYCI), a central part of the state’s efforts to reduce greenhouse gas emissions, appears designed to hold back much of the program’s sticker-shock until January 2027—after the 2026 election. Read More

Upstate electricity customers today got what seemed like good news when Equinor pulled the plug on its Empire Wind 2 (EW2) offshore wind project, one of several being funded by New York customers as far away as Buffalo and Plattsburgh. The announcement however is mainly theater, because Equinor looks poised to squeeze even more money from ratepayers—in a manner that should have state lawmakers deeply concerned about how little control they’ve retained over state renewable energy spending. Read More