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  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.