NY business community raises concerns about near-term energy goals

The article reports that New York's 2019 Climate Leadership and Community Protection Act set targets of 70% renewable electricity by 2030 and 100% zero‑carbon by 2040, and that progress toward the 70x30 goal has been limited as of 2026; it also notes a statutory provision (Public Service Law §66‑P(4)) that lets the Public Service Commission suspend or modify those obligations after a hearing.

The article reports that New York's Climate Leadership and Community Protection Act (CLCPA) was enacted in 2019 with targets to decarbonize the state's electricity system. The law established a 70% renewables target by 2030 and a 100% zero‑carbon target by 2040. The article says that as of 2026, progress toward the 70x30 target has been limited. It also notes a statutory clause that creates a regulatory pathway for review of those mandates. Reported facts: - The article states the CLCPA was enacted in July 2019 and set a 70% renewable electricity goal for 2030 and a 100% zero‑carbon goal for 2040. - The article reports that seven years after enactment, and four years before 2030, progress toward the 70x30 mandate has been limited. - The article notes that Public Service Law §66‑P(4) authorizes the Public Service Commission to suspend or modify CLCPA obligations after a hearing if it finds, for example, impacts on safe and adequate electric service or significant increases in customer arrears or disconnections. Summary: The article frames these points as creating pressure on New York's energy system and on businesses that depend on reliable electricity. Whether the Public Service Commission will open hearings or take action under §66‑P(4) is undetermined at this time.