Public Service Commissioner John Howard recently warned that the state’s climate-action scheme will cost New Yorkers “hundreds of billions of dollars” — which Albany politicians “totally obfuscated” to push the plan through and refused to fund through taxes.
For speaking this clear truth, he was branded an “alarmist” by Assembly Environmental Conservation Chair Steven Englebright. But Howard’s numbers come directly from a report commissioned by the Climate Action Council, which the Climate Leadership and Community Protection Act created and tasked with drafting a scoping plan to implement the 2019 law.
The consultants’ report puts the price of implementation, which requires huge cuts in greenhouse-gas emissions as the state seeks to transition from fossil fuels to renewables, at $280-$340 billion. It identified benefits of $420-$430 billion, so supposedly it’s a net gain.