Climate wins and losses in the state budget

As part of Albany’s $220 billion budget for 2022–2023, lawmakers have included a record-breaking investment in renewable energy and in trying to protect the environment from climate change.

Gov. Kathy Hochul said the funds will “supercharge” the green economy and move the needle significantly toward the state’s climate goals.

Here are green measures that did—and did not—make it into the budget and how the investments are poised to reshape the state’s climate future.

Environmental bond act

A core component of the state’s vision for a greener future is the $4.2 billion environmental bond act, which New Yorkers will have the opportunity to vote on in November.

→ Continue reading at Crain's New York Business

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