POLITICO: “Should NY Adopt Facility-Specific Emissions Caps? Groups’ Report Says Yes.”

A piece in POLITICO Pro and E&E News profiles a new report by researchers from RFF and the New York City Environmental Justice Alliance about potential designs for New York State‘s new cap-trade-and-invest program.

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March 19, 2024

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A new analysis finds that regulations to reduce emissions from each power plant and install sector-specific pollution limits would provide more benefits to disadvantaged communities than the policy Gov. Kathy Hochul’s administration is considering.

The analysis released Monday by Resources for the Future, a nonprofit research group, and the New York City Environmental Justice Alliance focuses on potential designs of a cap-and-trade-style program being developed by Hochul’s administration...

The findings showed that with facility-specific and sector-specific caps, harmful particulate matter emissions from power plants within one mile of disadvantaged communities were reduced on average by 89 percent in 2030 compared to a 78 percent reduction with a single cap across all parts of the economy.

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