In her State of the State address, Gov. Kathy Hochul plans to introduce a 'Cap & Invest' program aimed at tackling pollution by regulating greenhouse gas emissions.
Critics of the proposed 'Cap & Invest' program warn that it could lead to increased gasoline and utility costs, further straining New Yorkers already facing high energy expenses.
The 'Cap & Invest' plan involves setting limits on greenhouse gas emissions while allowing energy companies to bid on allowances, with proceeds directed to green initiatives.
A Hochul spokesman stated that the governor is committed to lowering the cost of living for New Yorkers through various financial incentives such as tax credits.
Collection
[
|
...
]