Co-op City: What It Looks Like When Energy Reality Catches Up To You

Co-op City:  What It Looks Like When Energy Reality Catches Up To You
  • Co-op City, located (like the Yankees) in the New York City borough known as The Bronx, is the largest co-op apartment community in the City, and indeed in the United States. Built in the 1960s and 70s, it has more than 15,000 residential units in some 35 high-rise buildings, plus a smaller number of townhouses.

  • Co-op City has now suddenly become ground zero in the clash between energy fantasy and reality that is starting to come into focus as the deadlines of the State’s and City’s 2019 climate statutes start to get closer. The New York Post reports on the reality side of the story in a large piece today with the headline “NY’s climate mandates may send fees in affordable Co-Op City complex soaring from $950 to $4K.”‍ ‍

  • But before getting to that, let’s look at the fantasy side of the story. . .

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New York Approaches The Green Energy Cliff With Morons In Charge

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How Bad Is It Living In New York?

  • New York certainly has its problems, and I write frequently write about many of them. But is it really awful living here?

  • I believe in keeping these things in perspective. New York is actually a pretty great place to live, at least for now. The problem is that we have a class of idiotic politicians (and voters who put them in office) who pursue obviously destructive policies that make things much worse than they could be.

  • However, rather than an imminent collapse, what we face is an ongoing slow relative decline compared to other parts of the country that follow more sensible policies. The problem is not really that things are so bad, but that they could be so much better with so little effort.

  • It is a tremendous missed opportunity. I remain optimistic that things can be turned around, although that could take a long time.

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"Affordability": Two Theories Of How To Achieve It

"Affordability": Two Theories Of How To Achieve It
  • “Affordability.” That’s the new political mantra of Democratic politicians. Or maybe it’s one of two mantras, the other being that deporting illegal aliens makes ICE the modern-day “Gestapo.”

  • So, how to achieve “affordability”? There are two approaches, which are essentially opposites of each other. Can they both be right?

  • Approach Number 1 is that the government orders producers not to increase prices, and sometimes also offers handouts of one sort or another to favored constituencies to reduce their effective costs. Approach Number 2 is that the government mostly keeps out of the relationship between producers and consumers, and thereby makes the producers reduce their costs if they want to attract customers.

  • My observation would be that there exists an enormous amount of evidence on this subject, all of which supports that proposition that Approach Number 2 works, while Approach Number 1 is counter-productive. But maybe that’s just me.

  • So there was Mikie Sherrill last week in Newark, getting inaugurated as the new (Democratic) Governor of New Jersey.

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New York Business Community Starting To Wake Up About The Coming Energy Train Wreck

  • In 2018 New York’s voters suddenly elected a far more left-wing legislature than we had previously had, particularly the State Senate (the Assembly having already been deep in the progressive camp). Taking office in 2019, the new legislators quickly got to work seeing how much destruction they could wreak in a short period of time.

  • One product of their efforts was what we call the Climate Leadership and Community Protection Act (CLCPA), enacted in July 2019. The point of the CLCPA was to have New York State rescue the climate and save the planet, which supposedly was going to be accomplished by imposing mandates for eliminating hydrocarbon fuels from the energy system of this one little state.

  • It seems that nobody had pointed out to the very earnest legislators that New York represents only a small fraction of 1% of world CO2 emissions, the total elimination of which would barely be noticed in the overall world carbon balance. But the point was not necessarily to make any noticeable impact on world carbon emissions, so much as to show our virtue and our “leadership” by destroying our own wealth as an example to others, or something like that. Of most immediate consequence in the CLCPA were mandates for the electricity system, that 70% of our electricity must come from “renewables” by 2030 (“70x30”) and 100% from “zero-carbon” sources by 2040 (“100x40”).

  • Well, here we are in 2026 — 7 years down and only 4 to go toward the 70x30 mandate — and we have made almost no progress in “de-carbonizing” the electricity system. It is obvious to any thinking person that the 70x30 mandate has become a joke (to the extent that that was not obvious from the outset).

  • But there is the mandate written in black and white in a statute. Is anything to be done?

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Mayor Mamdani: Can You Feel The Excitement?

Mayor Mamdani:  Can You Feel The Excitement?
  • In New York, officials elected in November take office on January 1. And thus, on New Year’s Day 2026, we had the inauguration of our new Mayor Zohran Mamdani. Can you feel the excitement?

  • For myself, not so much. The best I can say is that this too shall pass. Hopefully without too much destruction in the meantime, but we have no assurance of that.

  • And yet it seems that plenty of people really do feel excitement. I’m not making this up

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