Americas > New York fiscal watchdog says NYCI design falls short, potential economic impacts $12 bln/yr by 2030

New York fiscal watchdog says NYCI design falls short, potential economic impacts $12 bln/yr by 2030

Published 22:35 on October 29, 2024  /  Last updated at 22:35 on October 29, 2024  / /  Americas, US

A state civil non-profit found New York’s proposed cap-and-invest programme, or ‘NYCI’, lacked sufficient analysis of potential fiscal and economic impacts of up to $12 billion per year by 2030, recommending a more robust, publicly available assessment and recalibration of the emissions reduction goal.
A state civil non-profit found New York’s proposed cap-and-invest programme, or ‘NYCI’, lacked sufficient analysis of potential fiscal and economic impacts of up to $12 billion per year by 2030, recommending a more robust, publicly available assessment and recalibration of the emissions reduction goal.


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