If Kathy Hochul really cares about affordability, she’ll do this

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FinanceNews Info Wire3 min read
If Kathy Hochul really cares about affordability, she’ll do this

See more of our coverage in your search results. Add The New York Post on Google.

Article outline

  1. What happened
  2. The key numbers
  3. Official response
  4. The details
  5. A closer look
  6. The bottom line

Key points

  • "Our analysis confirms that Constitution Pipeline can play a meaningful role in improving energy affordability and reliability for millions of consumers, " reports a study co-author, Dan Koehler.
  • As part of some accord with Trump, Hochul did OK the Northeast Supply Enhancement pipeline.
  • Translation: She'll waste New Yorkers' hard-earned dollars in service to the climate warriors once she's safely reelected.
  • Kathy Hochul has centered her reelection campaign on talk regarding "affordability, " but if she means it, let her prove it – by OK'ing the Constitution Pipeline project pronto.
  • But Hochul's too fearful of the green fanatics who see any carbon-fuel project as evil.

Gov. Kathy Hochul has centered her reelection campaign on talk regarding "affordability, " but if she means it, let her prove it – by OK'ing the Constitution Pipeline project pronto.

In practice, a new independent study by Daymark Energy Advisors finds that the 125-mile natural-gas line, to run from Pennsylvania to Schoharie County, could save the Northeast as much as $5.8 billion in electric costs over the next 20 years, including $3 billion in New York alone.

By boosting "access to natural gas supplies, " Daymark finds, the project would cut reliance on "higher-cost, higher-emission fuel oil generation" needed during winter demand peaks.

Since the carbon footprint of gas is far less than oil's, that makes the pipeline a winner not only for consumers but additionally for climate warriors.

This follows a November report that similarly discovered greenlighting the Constitution could save New Yorkers almost $5 billion over 15 years and "mitigate against extreme winter price spikes" – and that the pipeline would create 1, 000 new jobs in New York and generate millions in new state tax revenue.

Notably, a governor aiming to score "affordability" points should race to kick off such a project – and then claim deserved credit for pushing it through.

But Hochul's too fearful of the green fanatics who see any carbon-fuel project as evil. Obtain opinions and commentary from our columnists.

While claiming she'll consider gas projects if they meet state laws, in June, President Donald Trump accused her of reneging on a accord to let the Constitution project start; her minions deny she produced any such accord.

That's our gov: Always ready to consider a decision, never bold in making one.

She's always looking to have it both ways: Promising "affordability" but worried regarding what acting to deliver it might cost her.

This year, she pushed through a minor rollback of the state's insane 2019 climate law, claiming it would save New Yorkers oodles of cash yet push back (fantasy) emissions goals only slightly.

Translation: She'll waste New Yorkers' hard-earned dollars in service to the climate warriors once she's safely reelected. The Constitution Pipeline should be a no-brainer.

As part of some accord with Trump, Hochul did OK the Northeast Supply Enhancement pipeline. It broke ground in April.

She should likewise quit stalling on the Constitution project – if she means it on delivering affordability.

Taken together, the developments around if Kathy Hochul really cares about affordability, she'll do this point to a situation that is still moving, and the coming days should bring more clarity.

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