Bloomberg Law
June 17, 2019, 6:47 PMUpdated: June 17, 2019, 9:49 PM

New York Close to Making Net-Zero Emissions Economy the Law (1)

Keshia Clukey
Keshia Clukey

New York state leaders have reached an agreement on legislation that addresses climate change and puts state clean energy goals into law, Gov. Andrew M. Cuomo (D) said June 17.

The bill (S.2992/A.3876), known as the “Climate and Community Protection Act,” or CCPA, would require a net zero-emissions economy by 2050, exceeding reductions proposed under the international Paris climate agreement.

It also would put into law the state’s goals to achieve 70 percent emission-free electricity by 2030 and 100 percent emissions-free electricity by 2040.

The measure has been lauded by environmental advocacy groups, but the business community remains ...

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