Americas > New York governor includes cap-and-trade rebate fund in budget, as details emerge on programme timeline

New York governor includes cap-and-trade rebate fund in budget, as details emerge on programme timeline

Published 22:59 on February 1, 2023  /  Last updated at 22:59 on February 1, 2023  / /  Americas, US

New York Governor Kathy Hochul’s (D) budget presented Wednesday included a rebate fund for the state’s forthcoming economy-wide cap-and-invest programme, as the Department of Environmental Conservation (DEC) recently provided a timeline for when the administration could present draft regulations and begin holding auctions.
New York Governor Kathy Hochul’s (D) budget presented Wednesday included a rebate fund for the state’s forthcoming economy-wide cap-and-invest programme, as the Department of Environmental Conservation (DEC) recently provided a timeline for when the administration could present draft regulations and begin holding auctions.


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