State regulators last week shot down efforts by utilities to show ratepayers the amount by which their electric bills are being driven up by New York's new Clean Energy Standard.
The state Public Service Commission has quietly reduced the amount of renewable energy that utilities will have to purchase next year by 94 percent.
New York City's move over the next three years to a $15-an-hour minimum wage—the highest ever, after adjusting for inflation—will take the city into uncharted territory, fraught with risks and trade-offs for workers and businesses.
"It definitely means we are going to be paying more," says Ken Girardin of the Empire Center.
The Empire Center just released a study about the state's New Clean Energy Standard and what it means for New Yorkers.
Governor Andrew Cuomo’s energy czar isn’t letting facts get in the way of attacking the growing number of dissenters who challenge Cuomo’s new Clean Energy Standard.
In what amounts to an unlegislated state tax hike, New York's already-high electricity rates are poised to go even higher. That’s because, essentially at Gov. Cuomo’s order, the state Public Service Commission will require electric utilities to both subsidize money-losing upstate nuclear plants and buy power from “renewable” energy sources, mainly solar and wind-generated.
New York's new Clean Energy Standard has three major shortcomings: high cost, questionable feasibility and low impact.
Governor Andrew Cuomo’s new Clean Energy Standard is shaping up to be one of the largest tax hikes in state history.