Recently adopted environmental regulations have added months to New York’s already yearslong energy permitting process, colliding with new deadlines for federal subsidies.
Recently adopted environmental regulations have added months to New York’s already yearslong energy permitting process, colliding with new deadlines for federal subsidies. ·  View in browser

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Renewables projects face key hurdles, including New York state’s new wetlands rules, as developers race to beat President Trump’s quickly approaching federal subsidy deadline. Photos: Office of Governor Kathy Hochul; Jim Patrick/Pexels | Illustration: Leor Stylar
Recently adopted environmental regulations have added months to New York’s already yearslong energy permitting process, colliding with new deadlines for federal subsidies.
By Colin Kinniburgh

If you didn’t know better, you might think you were looking at a patch of tall grass.

But it might actually be a wetland — an increasingly rare ecosystem and buffer against flooding.

For the dozens of solar developers rushing to qualify for federal subsidies that President Donald Trump is phasing out next year, finding out the answer could make the difference between building a project or not.

Recent Stories

Eleventh-hour negotiations could decide the fate of legislation to make it easier for survivors to cancel debt caused by their abuse.
By Chris Bragg

Governor Kathy Hochul is pushing to narrow a bill to protect domestic violence survivors from being held financially responsible for debt incurred as a result of their abuse, according to the bill’s Assembly sponsor.

The bill would make it easier for survivors to get out of “coerced debt,” defined as nonconsensual credit-related transactions that occur in the context of a violent relationship — for example, an abuser forcing someone to sign credit card applications or take out loans under the threat of violence.

It’s extremely common for survivors of intimate partner violence to face this kind of economic abuse, advocates say, and it can have long-term financial consequences that may lead them to stay in an abusive relationship.

Hochul celebrated a corporate transparency law two years ago, but is now poised to issue a veto that could leave it dramatically weakened. Photo: Office of Governor Kathy Hochul; Paperwork: New York state Department of State | Illustration: Leor Stylar
The governor is poised to veto a bill to insulate a business transparency law from federal shifts, according to the bill’s sponsor.
By Chris Bragg

Two years ago, Governor Kathy Hochul signed a bill to require limited liability companies in New York to share more information about their true owners. It’s set to take effect in two weeks, on January 1.

But actions taken by President Donald Trump’s administration this spring threaten to dramatically narrow the bill’s scope. So New York lawmakers passed a new bill this year, making what they describe as minor alterations to the bill to protect it from Trump’s new rules. They didn’t expect problems getting Hochul’s signature, since she’d signed and celebrated the original bill.

Yet the entire initiative is now in peril, according to Assemblymember Emily Gallagher, a Brooklyn Democrat and the lead Assembly sponsor of both bills.

New York City Comptroller Brad Lander has long spoken about aligning finance with net-zero climate targets, like at this event in 2024. Erik McGregor via Rainforest Action Network / Flickr | Illustration: New York Focus
Outgoing Comptroller Brad Lander wants the city’s pension funds to reconsider $42 billion in investments with the firm, but it may fall to his successor to take action.
By Colin Kinniburgh

New York City Comptroller Brad Lander has a message for the world’s biggest investment firm: Clean up your act, or lose our money.

Just before Thanksgiving, the outgoing comptroller — and now congressional candidate — published a letter to the trustees of the city’s largest pension funds, recommending that they rebid $42 billion worth of investments entrusted to BlackRock, the world’s largest money manager. The firm, which manages roughly one-fifth of the city’s $300 billion pension systems, has failed to live up to the funds’ net-zero climate standards, Lander said.

Copyright © New York Focus 2024, All rights reserved.
Staying Focused is compiled and written by Alex Arriaga
Contact Alex at alex@nysfocus.com

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