Gov. Hochul appears to distance herself from NYCI carbon market plan amid climate law overhaul push

Published 03:18 on March 24, 2026 / Last updated at 03:18 on March 24, 2026 / Americas (Compliance Markets & Taxes, US & Canada)

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New York Governor Kathy Hochul appears to be signalling a shift away from the cap-and-invest carbon pricing scheme (NYCI) she once championed, as she pushes to rewrite the state’s flagship climate law amid mounting concerns over consumer costs.
New York Governor Kathy Hochul appears to be signalling a shift away from the cap-and-invest carbon pricing scheme (NYCI) she once championed, as she pushes to rewrite the state’s flagship climate law amid mounting concerns over consumer costs.


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