New York State’s fiscal year runs from April 1 to March 31, and thus there is a mandate that the budget for each year must be approved before April Fool’s Day. This year they blew right by that deadline. But today, 8+ weeks late, it appears that a new budget has been enacted for what they call “fiscal year” 2027, that is, April 1, 2026 to March 31, 2027.
Among several contentious issues that held up enactment of this year’s budget, probably the most contentious involved the provisions relating to energy and “climate.” Our climate law, the Climate Leadership and Community Protection Act of 2019 (CLCPA) had imposed absurd deadlines for eliminating fossil fuels from the energy system. Seven years in, Kathy Hochul, our lightweight Governor, had finally mustered just enough brain cells to recognize that disaster was approaching. But she faces big legislative majorities of her own Democratic Party committed to “climate action.” And of the members constituting those majorities, most are not moderates open to pragmatism, but rather progressive activists committed to total climate purity. How to get out of this trap?
Hochul adopted a strategy of seeking minimum possible modifications of the CLCPA, affecting only the most immediate impending deadlines of the Act. The apparent goal is to provide a couple of years of breathing room, sufficient (they hope) to get Hochul safely re-elected later this year.
But then what? It looks like they have traded a very brief reprieve for what will very likely be an even worse subsequent disaster.
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