New York’s Cap & Invest: A Statewide Carbon Pricing System

New York has committed to some of the most ambitious climate goals in the country. Under the Climate Leadership and Community Protection Act, the state must reduce greenhouse gas emissions 40% by 2030 and 85% by 2050. The vehicle designed to get us there is a statewide carbon pricing system known as Cap and Invest. And right now, its future is being decided.

This is not a symbolic initiative. It is a structural shift in how energy and emissions are priced across New York’s economy.