New York State Climate Leadership and Community Protection Act Costs

This page summarizes the results of my calculations of the observed costs of the environmental initiatives of New York Governor Andrew Cuomo in general and the Climate Leadership and Community Protection Act in particular.  I also provide links to estimates by others outside the Administration as I find them.  I also track Climate Act costs in different categories: Typical Residential Customer Costs, Direct Climate Act Subsidies, Indirect Climate Act Subsidies, Climate Act Cost Overruns, and Climate Act Integration Analysis Assumed Costs and Updated Costs Differences.

In the post, Climate Act Ratepayer Costs Will be Enormous, I evaluate the Public Service Commission’s first annual informational report on the implementation of the Climate Act.  This is the first report that estimates ratepayer costs.  In the worst case I estimate that when upcoming Climate Act related costs are included in the rate cases for every utility in the state, those costs will be greater than the total current monthly bill.  Monthly electric bills could double.

New York Clean Energy Program Costs

The New York State Climate Leadership and Community Protection Act Costs table lists the claimed cumulative annual CO2 reductions, the cumulative expenditures and the resulting cost effectiveness for those reductions for different New York programs.  Links to posts on each of these programs is included in the table too.   I have calculated the emission reductions necessary to meet the CLCPA goal for a 40% reduction of GHG emissions from 1990 by 2030.

Cost Estimate Articles