Posted on 03/20/2023 10:58:27 AM PDT by lowbridge
Gov. Kathy Hochul is moving full-steam-ahead with her predecessor Andrew Cuomo’s insane anti-carbon energy plan, yet the Legislature wants to make it worse.
In their one-house budget bills this week, lawmakers took Hochul’s plan to cap greenhouse-gas output and require companies to buy “allowances” (indulgences?) for emissions and added new requirements of their own.
That’d make it even harder for companies to meet standards, stay under the caps and/or pay for those allowances — more poison for the state’s business climate.
The added costs will also bring higher prices for consumers: added, New York-only “inflation.”
And where Hochul would allow the New York Power Authority to build renewable-energy projects, Senate legislation would force the agency to shut down all its fossil-fuel-burning energy plants and build or buy power only from renewable sources by 2030, just seven years away.
Uh, sorry, but that won’t speed the transition to renewables. As the Empire Center’s James Hanley points out, public agencies have no superpowers to complete projects faster than the private sector. Indeed, NYPA’s boss has testified that his agency lacks the resources to meet the requirements.
Anyway, developing that much renewable energy by then is near-impossible for anyone. Nothing like this renewable capacity is even on the drawing boards.
The Senate also calls for a new “climate-change superfund” to charge fossil-fuel companies an estimated $3 billion, on average, based on their greenhouse-gas emissions in the past. That means more price hikes for average New Yorkers.
Oh, and kiss gas stoves good-bye: Hochul failed to get lawmakers to ban gas hook-ups in new buildings last year, but they now appear on board. The Senate would even move up the starting date to as early as 2025.
(Excerpt) Read more at nypost.com ...
I hate to be a spelling tyrant, but it’s spelled horse**it, not hairshirt! :D :D :D
Why doesn’t NY just ban people entirely.
No people, no slaves.
Hairshirt?
Her Suit?..................😉
Locating it a Red State would have saved them $10 Billion even before the first shovelful of dirt was turned. I have no confidence in the people who run these mega corps. I don't think any of them know the value of money.
Fossil fuel fools and foolishness...
“allowances” = bribes
So if the crooked politicians are going to say that it’s okay for you to pollute as long as you pay us, I’d say this is a political scam and con job and there are a bunch of politicians who need their asses thrown in prison.
“they are going to build a $100 Billion dollar fab in New York.”
***********
But will they be able to staff it with people foolish enough to live in the state?
you are the carbon
they want to get rid of
If these trends continue, I may live to see the day when Rhode Island has more people than New York.
This is yet another jizya carbon tax that can be offset by purchasing fake carbon credits. That is one of Tesla's main profit sources. The federal and some state governments gives Tesla fake carbon credits that other companies can purchase to absolve them of their warmageddon sins cheaper than paying the jizya carbon tax. It's nothing but a redistribution of wealth from the non-cronies to the cronies.
As much as us FReepers like Musk's Twitter stuff, keep this article in mind when Musk demands more carbon taxes while also saying we should still drill for more oil and natural gas because we can't get away from them. He's put Tesla into a position where Tesla makes more money with increased fossil fuel use combined with increased penalties for fossil fuel use.
Is the new Micron facility going to be near Global Foundries existing fab in Noo Yawk?
Well, The insane have been evicted from the State Hospitals in NY and have taken up residence in the State Capitol in Albany.
We went and bought some groceries off US 11 north of Binghamton yesterday, there is a large TESLA charging station, there were several cars waiting to charge and many out of state license plates... all the chargers were busy. With the price of electricity in NYS I wouldn’t want to pay that.
I don't know. I don't live there, But years ago I remember that IBM had a fab near Plattsburgh. Is that where Global Foundries is? I googled it and it says the new Micron fab will be near Syracuse.
True that. Of course, I live in the southeast with a lower density population and a lot less EV's. Plus, I live in a home in a suburb (charge at home) vs living in an area with most residents in apartments (charging at a road charger even for local driving). Last but not least you pointed out it was NY, which is coooollllllddddd this time of year and greatly reduces charging speed. That's rarely an issue here in Sweet Home Alabama and areas near here (near enough I'd drive to instead of fly to). And even then we have an ICE pickup for times an EV won't cut it (i.e. if we decided to go on a road trip to see the country while visiting family and part of the trip had hundreds of miles with no fast chargers). Last but not least is the power rate difference. It's 15.7 cent per kWh here (according to my last power bill, which is up 20.8% YOY!!!) but costs me even less since about 80% of our power is free from solar.
I doubt I would have even thought of getting an EV if all those factors weren't in our favor. The Dims are control-freaks when they push EV's like it's a one-size-fits-all. If they sat back and let the free market decide, I think there'd be a decent enough market for EV's. One factor against EV's among the states EV's are more popular in is the fact that those Dim states are the states that are worst at both power costs and power dependability. Those are the last places I'd want an EV in, yet to them the EV is part of their warmageddon cult worship.
To most of us FReepers who own either EV's or solar or both, it's more from a family independence mindset. Think less Greta and more prepper.
And when will they add the road use tax to the charging station?
True. None of us solar/EV preppers say we have a failproof way of protecting us from the Dims' control-freak ways. I just don't like making it easy for them.
Besides, to your point my state already has a kind of EV tax when we renew our car license (I'm not complaining, since I pay little gas tax). In my state the EV tax happens in 2 ways when I renewed the car tag: a $200 tax line item that specifically said it was because it was an EV, and extra on the overall tag fee because it's prorated by the car's estimated value. Thus, my car tag fee is higher than a comparable new car.
I paid $619 to renew my EV car tag. $200 of that was the EV fee and $419 was the normal car tag fee. Assuming my EV's KBB value is about 10% or 15% more than a comparable new ICE car, that means about $40 or so of the $419 was the extra for it being an EV. Combined that with the flat $200 EV fee that means I paid $240 or so more for the car tag renewal just for owning an EV.
Compare that to paying 46 cents gas tax per gallon (IIRC Alabama has a 28 cent tax + federal is 18 cent tax). Assuming my numbers are correct, that means my total EV tag fee is the equivalent of taxes for 521 gallons of gas ($240 divided by $0.46). If an ICE car gets 30 mpg then we're talking about 15K to 16K miles of driving. IMHO that seems like a reasonable approximation to try to make it fair. Of course, that's with Alabama getting all of my EV car tag fee but only a portion of the gas tax (because some of the gas tax is federal). LOL
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.