Cap-and-Invest (New York state)

This article is about the proposed New York state policy. For the Washington state policy of the same name, see Cap-and-Invest (Washington state). For cap-and-trade programs, see carbon emission trading.

Cap-and-Invest is a proposed government policy of the State of New York. It would combine a carbon emissions trading program (commonly known as cap-and-trade) with a set of climate change policies funded by the sale of carbon emission allowances and offsets.[1][2][3][4] The program would provide funding and compliance rules for the Climate Leadership and Community Protection Act passed in 2019.[5]

The statute set a deadline for NYSDEC and NYSERDA to publish their initial regulations by Jan. 1, 2024. However, as of February 2026, the regulations have not yet been published.[6]

References

  1. ^ "New York Cap-and-Invest - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
  2. ^ Kinniburgh, Colin (December 23, 2024). "New York May Finally Put a Price on Pollution in 2025". New York Focus. Retrieved January 16, 2025.
  3. ^ Kinniburgh, Colin (January 10, 2025). "What is 'Cap and Invest'?". New York Focus. Retrieved January 16, 2025.
  4. ^ "Cap and Invest Rule - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
  5. ^ "New York's Climate Leadership & Community Protection Act - New York's Climate Leadership & Community Protection Act". NYSERDA. Retrieved January 16, 2025.
  6. ^ Ghori, Arooj; Heins, Joseph (February 25, 2026). "NY Cap-and-Invest Program faces delays amid legal challenges". Rochester Business Journal.


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