Empire Environmental - Review of New York’s Cap-and-Invest Program to Reduce emissions and Achieve Climate Goals

1 rich Libsyn https://www.libsyn.com 90 600 Empire Environmental - Review of New York’s Cap-and-Invest Program to Reduce emissions and Achieve Climate Goals GT attorneys Steven Russo, Zackary Knaub, and Jane McLaughlin discuss New York State’s cap-and-invest program to limit greenhouse gas emissions and share revenue with New Yorkers from disadvantaged communities to help cover utility bills, transportation costs, and decarbonization.&nbsp;&nbsp; The program is expected to help New York meet the requirements of the 2019 Climate Leadership and Community Protection&nbsp;Act&nbsp;of cutting greenhouse gas emissions 40% by 2030 and at least 85%&nbsp;by 2050, both below 1990 levels.&nbsp;Large-scale greenhouse gas emitters and distributors of heating and transportation fuels will be required to purchase allowances for emissions. The state says the cap-and-invest program will incentivize consumers, businesses, and others to transition to lower-carbon alternatives. It calls for electrifying nearly everything — from buildings to vehicles with a mix of mandates and incentives. E2 Law Podcast http://gtlaw.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/25741296/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/080700/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/25741296