New York's Alternate-Energy Plans: Wheels Coming Off

1 min read
Source: New York Post
New York's Alternate-Energy Plans: Wheels Coming Off
Photo: New York Post
TL;DR Summary

New York state's renewable energy plan is facing major challenges as the Public Service Commission rejects a request for increased subsidies for alternate-power projects. The companies involved cite higher costs and are likely to exit. Governor Kathy Hochul's new action plan lacks a clear funding strategy. The state's ambitious goals of cutting fossil-fuel emissions and transitioning to solar and wind power are at risk. Supply-chain issues, lack of suitable vessels for offshore wind construction, and the potential collapse of a battery factory further undermine the plan. The state's electric grid overseers warn of blackouts by 2025, and the push for electric heat could lead to winter power shortages. The article criticizes the broader US and Western drive to end carbon emissions as a futile endeavor, with New York's rush to lead only ensuring its residents suffer the consequences.

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