New York's Clean Energy Standard: Costly and Ineffective
New York's Clean Energy Standard to be "an exercise in symbolic environmentalism. It will provide almost no measurable benefits, while imposing huge costs, including disproportionate costs on lower-income residents"
A recent report evaluated New York State's clean energy programs and found them costing the state's consumers and businesses over $1 trillion with no measurable impact on world climate.1 Thus, the carbon dioxide reductions that would cost the state's residents heavily would have no value. This is nothing new; New York finds numerous ways to tax its people with little benefit to show for it.