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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Our Final Objection To Our Local Utility's Rate Increase

  • If you have been following this blog closely, you know that I have been participating, along with two excellent colleagues, in the rate proceeding of our local utility, Con Edison.

  • A rate proceeding is the mechanism by which a utility goes before a regulatory body, in our case the New York Public Service Commission, seeking to increase the rates charged to consumers. Our purpose in the proceeding has been to object to and disrupt having the ratepayers charged for the building of infrastructure in pursuit of the futile and infeasible “climate” goals of our deluded politicians.

  • One of the rules of these things is that anybody with a genuine interest in the outcome can “intervene” if they want, and participate as a party in the proceedings. That’s how we got ourselves in on the action.

  • And by the same mechanism, multiple parties advocating for the utopian future of “renewable” and “zero emissions” energy also joined up. Among the green energy advocates in the mix were the Environmental Defense Fund, the Natural Resources Defense Council, and the Alliance for a Green Economy. And then there was the New York City government, which wants to present itself as an advocate for low consumer rates, but at the same time has enacted its own mandate for electric building heat that can only be implemented with the support of some expensive new infrastructure to be built by Con Edison.

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Even "Progressives" Are Now Allowed To Notice That New York's Climate Plans Are Crumbling

  • Today I spent the day with my excellent collaborator Richard Ellenbogen cross-examining witnesses at the New York Public Service Commission’s hearing on whether the pending rate increase request of our utility Con Edison should be approved. We had a lot of fun. Although the hearing was theoretically open to the public, they had no live video feed, and you had to register in advance to attend in person. It looked like everybody there was an interested party.

  • At the close of the hearing, we were invited (along with everybody else) to file a post-hearing brief by next Friday, December 12. The hearing provided us with lots of good material, and we will be putting together a good scathing screed as our contribution. You can look forward to a post on the subject next Friday or Saturday.

  • But meanwhile, there has been other news on the New York Climate Act front. On November 25 a Washington think tank called the Progressive Policy Institute put out a Report with the title “NEW YORK'S CLIMATE CROSSROADS: ASSURING AFFORDABLE ENERGY.”‍ ‍The Report takes serious note that New York’s “climate” regime is in big trouble.

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At The New York Krazy Klimate Konference, 2025 Edition

  • Two years ago, in November 2023, my friend Roger Caiazza and I attended a conference put on by a local news source called City & State. They called their conference the “Clean Energy New York Summit: The Path to Sustainability.” I called it the Krazy Klimate Konference, and I wrote about it in a post on November 18, 2023 titled “At The New York Krazy Klimate Konference.”‍ ‍

  • Last year both Roger and I skipped the Konference, and this year Roger again wisely decided to stay home in Syracuse. But I was morbidly curious as to how this crowd of climate grifters and subsidy farmers would react to the rapid derailment of their gravy train during the first ten months of President Trump’s second term. And for me, the venue was only about a 10 minute subway ride away, at the southern tip of Manhattan. So I rounded up my daughter Jane (who had to trek in from Queens) to accompany me, and off we went.

  • This year they slightly re-titled the Konference to “Energy Infrastructure Summit: New York’s Path to Sustainability.” On the surface, it was remarkably similar to the program of two years ago, and to hear the words of the speakers, it was as if nothing was wrong. But with a little reading between the lines, the changes were big.

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Magical Thinking Is Why Socialists Get Everything Wrong

  • What is the source of the wealth of a nation? That’s actually the question addressed by Adam Smith in “The Wealth of Nations.”

  • Smith doesn’t put it in these exact terms, but his answer lies in some combination of hard work of the people plus figuring out how to work more efficiently through specialization and exchange.

  • And then there’s the other theory that the wealth just appears somehow, by luck or magic (or maybe by oppression of marginalized peoples). Which theory you buy into has everything to do with what you might think are appropriate public policies.

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