85%, with Doreen Harris and Basil Seggos

85% is the amount New York State has to reduce greenhouse gas emissions by 2050. One of the major pathways to this reduction will be the State’s Cap-and-Invest program, which will cap and reduce emissions, auction off the right to emit, set up a trading system for those rights, and generate billions of dollars to be invested in energy transition and to offset costs of the transition for some residents. Doreen Harris, President and CEO of the NYS Energy Research and Development Authority, and Basil Seggos, Commissioner of the NYS Department of Environmental Conservation, joined CBC to discuss Cap-and-Invest, as well as offshore wind, energy transition and resiliency, the Environmental Bond Act, and much more.