New York To Cap-And-Invest USD1bn Carbon Credits From Big Polluters

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  • 19 Jan 2023
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New York To Cap-And-Invest USD1bn Carbon Credits From Big Polluters

New York State Gov. Kathy Hochul revealed a first-in-the-nation carbon credits program that put an economy-wide price on pollution to ditch fossil fuels and reduce greenhouse gas (GHG) emissions. New York has been taking one of the most ambitious efforts in the United States to address the climate crisis. The state aims to achieve its mandate of 40% emissions reduction by 2030, and at least 85% by 2050 from 1990 levels.

Source: carboncredits.com