"Energy experts and advocates argue that basing state energy policy on market-vulnerable fuels like oil and gas could end up costing more than renewables, especially as prices fluctuate due to geopolitical events."
"The New York State Energy Research and Development Authority's memo suggested that implementing the climate law could raise gasoline prices by more than $2 per gallon after 2030, raising concerns about affordability."
"Environmental groups contend that Hochul's findings are one-sided, failing to consider how accelerating the transition to clean power could stabilize costs and reduce reliance on fossil fuels."
Governor Kathy Hochul's energy policy emphasizes fossil fuels as cheaper and more reliable than renewable energy. However, recent spikes in gas prices due to geopolitical tensions challenge this view. New York is behind on its renewable energy goals, with proposals to delay progress further. Critics argue that the state's projections on costs do not accurately reflect the potential benefits of clean energy. The reliance on volatile fossil fuels may ultimately lead to higher expenses compared to investing in renewable infrastructure.
Read at Gothamist
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