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Cap-and-trade returns: NY plans to force big oil to ‘invest’ in ‘green’ by paying for emissions

January 13, 2025

In her State of the State address Tuesday, New York Democratic Gov. Kathy Hochul is expected to lay out her “Cap & Invest” anti-pollution program that critics warn will cause gasoline and utility costs to soar in the already fossil-fuel-averse state. The plan seeks to reduce emissions by levying companies for their greenhouse gas outputs and investing that money into initiatives like retrofitting buildings to run on green...

FEATURED POST

The meeting aimed at assessing preparedness and operational readiness in light of recent developments as Pakistan launched a significant missile and drone …

The acting administrator of the Federal Emergency Management Agency is no longer with the agency – just a day after telling lawmakers …