Idiotic ‘cap-and-invest’ program hurt California — and it may be coming to NY next

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livingston

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Idiotic ‘cap-and-invest’ program hurt California — and it may be coming to NY next​


July 12, 2025,
California is seeing a staggering increase in gasoline prices, and it’s all due to idiotic state policies that may also be coming to New York.
In 2019, New York enacted The Climate Leadership and Community Protection Act. It created a “Climate Action Council” to determine how the state would reduce greenhouse gas emissions 40% below 1990 levels by 2030, and then achieve “carbon neutrality” by 2050.

https://nypost.com/2025/07/12/opinion/cap-and-invest-hurt-california-and-will-be-bad-for-ny/#
The Climate Action Council spent two years formulating targets for slashing the number of homes using natural gas water heaters and furnaces, replacing gasoline-powered cars with electric vehicles, and generating 70% of the state’s electricity from “renewables.” The mechanism to make this happen? A “cap-and-invest” program.
The idea of these programs is to reduce greenhouse gas emissions by charging “polluters” a lot of money for a gradually declining number of “allowances” to operate their businesses. Then the money raised can be spent on projects that further reduce greenhouse gas emissions.
There are signs that Gov. Hochul has cold feet about going forward with the cap-and-invest program that has been in the works for New York. In March, the Department of Environmental Conservation issued proposed regulations for the state’s “Mandatory Greenhouse Gas Reporting Program” revealing that even this preliminary step would not begin until June 1, 2027. That puts the start of higher gas prices safely past the next election.
nypost.com

Idiotic ‘cap-and-invest’ program hurt California — and it may be coming to NY next

California is seeing a staggering increase in gasoline prices, and it’s all due to idiotic state policies that may also be coming to New York.
nypost.com nypost.com
https://nypost.com/2025/07/12/opinion/cap-and-invest-hurt-california-and-will-be-bad-for-ny/#
 
Saltwater60

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Well laying a fine to pollute over what your stated allowance is will not get you to meet your goals. Hochul already knows the goal is not attainable and she has said she knows meeting it will hurt consumers by causing prices to rise. It seems like she is at least wise enough not to do this and knows this is why Trump won. Time will tell and who knows what she will do after the election if she wins. Delgado will do stupid things if he wins.
 
Brawny71

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It is amazing how there is a lack of Policy vs. effect that continues. A good portion of the folks most recently losing their homes to fire had just lost fire insurance….because of State Legislation. Trucks and Drivers in CA are short….because of legislation. In these two case in particular because the legislation takes all margin out of the system which makes it a loss to do it as a business. The fuel stuff has affected all industries to include aviation. They cut their own throat and then someone else outside of the state has to pay the difference; thats us with our tax dollars at federal level. We will also pay the difference in the long run for those folks who lost insurance two months prior to the fire.
 
Grimscale

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livingston said:
the Department of Environmental Conservation issued proposed regulations for the state’s “Mandatory Greenhouse Gas Reporting Program”
Click to expand...
This D.E.C. is not the same one I supported back when I got my degree.
The original idea was to preserve existing wild areas for people to use for recreation and study. Not wall it all off unless some schmuck like Monkeyface Partytits wants to trade it for logged over land so he and his friends can strip the last remaining older growth forests.
This whole "Green Agenda" can only have one logical conclusion: destroying human society and busting us back to the stone age.
 
Saltwater60

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Grimscale said:
This D.E.C. is not the same one I supported back when I got my degree.
The original idea was to preserve existing wild areas for people to use for recreation and study. Not wall it all off unless some schmuck like Monkeyface Partytits wants to trade it for logged over land so he and his friends can strip the last remaining older growth forests.
This whole "Green Agenda" can only have one logical conclusion: destroying human society and busting us back to the stone age.
Click to expand...
The DEC now is filled with radical green leftists. They can make policy and procedure essentially at anytime. The state does as they please ruining wetlands and green space but demanding we don’t with an iron fist forcing products onus and taking others away. Try to buy waterproof shoes or jackets these days. Many are banned because of PFAS but for micron and the data processor in Genesee county we will ruin sensitive habitat, screw the Indians, and run 500 mining dump trucks per day because we’re so green.
 
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Only China and the CCP's useful tools want this.................it is a political strategy to defeat the west by suicide with EV's.

NYS will never be a green state, despite the wishes of the communists.
China is not a green state, and never will be either.

I never met a sane greenie, or listened to one..,,,banning gas stoves, is like banning sex......will never happen, there is no green chastity belt................... Banning gasoline powered vehicles, lawnmowers and trimmers and gas grills and open fires and trucks is simply the deranged, let out of an institution far too early.

Melt the ice caps faster please.
 
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