New York state has two major environmental goals coming due in 2030, and the state is woefully behind in reaching those targets. This has macroeconomic implications, since it will require major funding by the state, the state’s utilities, and the citizens and ratepayers in order to make an effective effort to meet the greenhouse gas reductions and investments in clean energy.
According to the 2019 New York Climate Leadership and Community Protection Act, the state is required to reduce greenhouse gas emissions by 40% below the 1990 baseline level by the year 2030. As of the latest progress report issued last December, as of 2023, the state is 14.8% below the 1990 baseline. Since the peak in 2005, they have reduced emissions about 115 MMt CO2eq in 18 years. They need to reduce emissions another 104 MMt CO2eq in 7 years from 2023. It doesn’t look good for success. Below is a graph from last year’s report.
The graph is a little misleading, as the years 2024 through 2029 are not shown on the timeline. However, it can be seen that the recent trend from 2020 through 2023 is not going in the right direction. This will be explored further in the details below.
Another goal in the Climate Leadership and Community Protection Act (CLCPA) is to have 70% of the state’s electricity generated by renewables by 2030. According to electricity data from the EIA, New York is currently at about 33% renewables. This assumes hydropower is included as renewable. This comes from the 2025 full year electricity generation data. There are only 5 years left for New York to go from 33% to 70% renewables. Based on the recent trend, they are nowhere near adding enough renewable energy to the state’s electricity system, as required by the CLCPA.
The best proof of how these climate goals are failing is to look at the CO2 emissions from the state’s electric power sector. As a reminder, the climate law was passed in 2019. So how are CO2 emissions trending?
NY electricity CO2 emissions, million metric tons
2019: 24.8 million tons
2020: 26.8
2021: 28.4
2022: 30.8
2023: 29.4
2024: 31.5
Data from here. You can click on other years, as needed.
Based on the known consumption of natural gas and petroleum used to generate electricity, the electricity CO2 emissions for 2025 were around 30.5 million tonnes. This is my own calculation, but I am confident it is fairly accurate, using actual generation data..
24.8 million tons of CO2 in 2019, compared to 30.5 million tons in 2025. This is an increase of 23%, when they are supposed to be reducing CO2 emissions!
In 2019, New York generated 50,231 GWh from fossil fuels. In 2025, this had gone up to 63,498 GWh from fossil fuels. How are they going to meet the commitments of the CLCPA, if they keep burning more and more fossil fuels?
No wonder Governor Hochul is trying to delay meeting these environmental goals.
One final point: No, it isn’t Trump’s fault. The trends were going in the wrong direction during the Biden administration.
_ Pete
