New York targets power sector carbon allowances in proposed climate regulations
December 11, 2025
The amendments would reduce the annual budget of CO2 allowances through 2037, including the number of voluntary renewable energy purchases.

Steam rises from the Con Edison power plant on Jan. 5, 2018, in New York City. The New York State Department of Environmental Conservation and the New York State Energy Research and Development Authority want to alter the state’s Regional Greenhouse Gas Initiative regulations.
John Moore via Getty Images
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