Greenberg Traurig’s Steven Russo, Co-Chair of the Environmental Practice and the firm’s New York Environmental Practice, is joined by Shareholder Todd Kaminsky and Of Counsel Jane McLaughlin in the Government Law & Policy Practice to discuss the New York State Climate Action Council’s adoption of the final scoping plan, which will serve as a roadmap to achieve the climate change mandates set forth in New York’s landmark climate law – the Climate Leadership and Community Protection Act (CLCPA). Enacted in 2019, the CLCPA codified several robust climate mandates for the State which must be achieved in an accelerated time frame. Specifically, New York is statutorily required to achieve:
- An economy-wide 85% reduction in greenhouse gas emissions by 2050;
- 70% renewable energy consumption by 2030 followed by a 100% zero-emission electric system by 2040; and
- 6,000 MW of solar by 2025, 9,000 MW of offshore wind by 2035, and 3,000 MW of energy storage by 2030.
They discuss what this significant milestone’s possible implications are for utilities, new source renewable energy providers, development of new technologies, the transportation sector, and decarbonization of commercial and residential building operations. Read more about the New York State Climate Action Council Final Scoping Plan to Achieve Climate Goals in this accompanying GT Alert.