New York May Finally Put a Price on Pollution in 2025

Ever since New York passed its landmark climate law in 2019, a question has dogged its implementation: Who should pay the $15 billion annual cost of slashing emissions?

Two years ago, Governor Kathy Hochul offered an answer: corporate polluters. She outlined an economy-wide system, called “cap and invest,” that would put a price on pollution and drive the steep emissions cuts mandated by law.

The program might finally see the light of day in 2025.

Read the full piece here.