Energy (Electric Grid)

Prohibits the public service commission authority to order collection of charges from ratepayers for greenhouse gas reduction unrelated to the electric grid.

This bill establishes a nine-member Climate Action Cost Council to review state climate regulations. It limits the annual number of new climate-related rules and regulations to five, requiring council approval before they take effect. The council must evaluate costs to businesses and ratepayers, grid reliability, and emissions impacts before approving measures to meet New York's climate goals under the CLCPA. This directly affects state agencies, regulated industries (like energy and manufacturing), and ratepayers by adding a review step for climate regulations.

This bill establishes a 9-member Climate Action Cost Council to review climate-related regulations. State agencies must get the council’s 2/3 approval before adopting new rules to meet climate goals, and can issue no more than five such rules annually. The council must consider costs to businesses and ratepayers, grid reliability, and emissions reductions before approving proposals. Agencies must notify the council 60 days in advance of proposed rules, and the council will report annual costs and emissions data to the governor and legislature.