Cap-and-Invest (New York state)
Cap-and-Invest is a proposed government policy of the State of New York. It would combine a carbon emissions trading program (commonly known as cap-and-trade) with a set of climate change policies funded by the sale of carbon emission allowances and offsets.[1][2][3][4] The program would provide funding and compliance rules for the Climate Leadership and Community Protection Act passed in 2019.[5]
The statute set a deadline for NYSDEC and NYSERDA to publish their initial regulations by Jan. 1, 2024. However, as of April 2026, the regulations have not yet been published.[6][7]
References
- ↑ "New York Cap-and-Invest - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
- ↑ Kinniburgh, Colin (December 23, 2024). "New York May Finally Put a Price on Pollution in 2025". New York Focus. Retrieved January 16, 2025.
- ↑ Kinniburgh, Colin (January 10, 2025). "What is 'Cap and Invest'?". New York Focus. Retrieved January 16, 2025.
- ↑ "Cap and Invest Rule - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
- ↑ "New York's Climate Leadership & Community Protection Act - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
- ↑ Ghori, Arooj; Heins, Joseph (February 25, 2026). "NY Cap-and-Invest Program faces delays amid legal challenges". Rochester Business Journal.
- ↑ French, Marie J. (2026-04-28). "New York governor offers 'cap and invest' regulations by 2028". E&E News by POLITICO. Retrieved 2026-04-30.