Press Releases

IPPNY Response to Gov. Cuomo Signing Climate Leadership and Community Protection Act

For Immediate Release: July 18, 2019
Contact: Joe Shahen, joseph.shahen@ippny.org, (518) 436-3749

Albany, NY, 7/18/19 – Governor Andrew M. Cuomo today signed the New York State Climate Leadership and Community Protection Act, requiring 70 percent of New York’s electricity to come from renewable energy systems by 2030, the power sector to be zero-emitting by 2040, and statewide greenhouse gas emissions to decrease by 85 percent from 1990 levels by 2050.

IPPNY President and CEO Gavin J. Donohue said, “Reaching the State’s ambitious goals will require unprecedented levels of investment in the electric system and near-complete electrification of the transportation, residential and commercial sectors. New investment will be needed in renewables, transmission, energy storage, and, most critically, power generation capable of providing reliable and dispatchable electric service during extended periods where the wind does not blow and the sun does not shine. Independent power producers look forward to working with the State to improve upon the existing competitive market structure and develop new mechanisms for attracting such investments.”

New York’s power sector has reduced emissions of carbon dioxide by 56 percent since 1990 – the largest decrease in greenhouse gas emissions of any sector in the State and a direct result of competitive market principles that attracted private investment in new power generation and emissions control technologies.

For more information, please visit our website at www.ippny.org.

###

IPPNY is an Albany-based trade association representing the competitive power supply industry in New York State. IPPNY Members generate the majority of New York's electricity using a wide variety of generating technologies and fuels including hydro, nuclear, wind, coal, oil, natural gas and biomass. They have invested over $10 billion in their facilities and employ over 10,000 people. Annually, they pay over $600 million in taxes and invest more than $55 million in their communities.rolex replica