NY State’s Strategic Gasoline Reserve will hold three million gallons of fuel to prevent emergency supply gaps. On October 26, 2013, New York State Governor Andrew M. Cuomo launched the first U.S. state-based Strategic Gasoline Reserve as part of the Fuel NY initiative to prevent potential supply gaps during weather events and emergencies, such as… Keep reading →
New York Energy Week officially kicked off Monday night with a star-studded panel discussion and reception held at the New York Academy of Sciences’ beautiful event space on the 40th floor at 7 World Trade Center. The need for public/private partnerships when advancing energy initiatives was a common theme throughout the discussion, which was appropriate… Keep reading →
New York Energy Week kicks off today with the Solar Financing Market Perspectives breakfast at 8:00am (see Energy Solutions Forum’s solar policy primer here). The opening ceremony at 5:30pm features New York State Governor’s Office Chairman of Energy & Finance, Richard Kauffman; Kenneth Daly, President of National Grid New York; Francis J. Murray, Jr, President… Keep reading →
The New York State Energy Research and Development Authority (NYSERDA) could be the most important state agency you’ve never heard of, and help fund. “NYSERDA’s earliest efforts focused solely on research and development with the goal of reducing the State’s petroleum consumption. Today, NYSERDA’s aim is to help New York meet its energy goals: reducing… Keep reading →
New York Governor Andrew M. Cuomo, in his State of the State address, proposed a tougher carbon cap for states covered under the Regional Greenhouse Gas Initiative (RGGI) cap-and-trade program. The proposal underscores RGGI’s opportunity for achieving even greater emissions reductions in future years, as its current carbon cap remains significantly higher than actual emissions produced in the nine member states.
Laying out an energy- and climate-intensive policy agenda for New York, in his address on January 9, 2013, Governor Cuomo proposed a tougher RGGI carbon cap as part of efforts to address climate change and clean energy development in the state. RGGI, the nation’s first carbon cap-and-trade program, has helped reduce CO2 emissions levels by 30% across member states since inception in 2008. However, RGGI’s current carbon cap of 165 million tons of CO2 per year is now much higher than actual emissions produced in member states – only 91 million tons (expected total) in 2012. With a cap this high, RGGI states may have emitted 45% more carbon last year and still met program compliance. Keep reading →