BILL NUMBER: S9894
SPONSOR: STEC
 
TITLE OF BILL:
An act to amend the environmental conservation law and the public
service law, in relation to directing the public service commission to
conduct a full cost benefit analysis of the technical and economic
feasibility of renewable energy systems in the state of New York and to
compare such directly with other methods of electricity generation and
makes certain changes relating to greenhouse gas emissions limits
 
PURPOSE:
To require an analysis of the costs of the state's emissions standards,
require that the costs are a factor in the state's regulation of green-
house gas emissions, and to extend the deadlines for meeting certain
emissions levels by an additional 10 years.
 
SUMMARY OF PROVISIONS:
Section 1 - Delays certain target emissions standards under section
75-0107of the Environmental Conservation Law by an additional 10 years
and permits the department to suspend or modify these thresholds should
they affect reliable electrical service or increases rates by more than
5 percent.
Section 2 - Amends Subdivisions 2 and 4 of section 66-p of the Public
Service Law stating that emissions standards may be temporarily
suspended if they result in a rate increase of more than 5 percent.
Section 3 - Delays implementation of certain emissions requirements
under Subdivision 1 of section 137 of the Public Service Law an addi-
tional 10 years.
Section 4 - Adds a new section to the Public Service Law, which requires
a cost benefit analysis and economic feasibility study of the state's
emissions laws, commonly known as the CLCPA.
Section 5 - Establishes effective date.
 
JUSTIFICATION:
Any regulation of greenhouse gas emissions within New York state must be
based on technological and economic realities.
As such, this legislation would delay certain thresholds within the
Climate Leadership and Community Protection Act an additional decade,
and require future decisions be based on empirical evidence and study.
Some estimates show the CLCPA will annually cost individuals, families,
farmers and businesses billions of dollars through increased taxes,
utility bills, and home and business conversion and retrofit costs.
Given the wide-ranging impact the CLCPA will have on families and busi-
nesses, it has become clear that a full, transparent, and detailed proc-
ess must take place to provide the public with a full accounting of the
true and actual financial costs the full implementati on of the CLCPA
will have on state residents and businesses.
 
LEGISLATIVE HISTORY:
New bill
 
FISCAL IMPLICATIONS:
TBD
 
EFFECTIVE DATE:
This act shall take effect immediately, provided, however, that the
amendments to subdivision 1 of section 137 of the public service law
made by section three of this act shall not affect the repeal of such
subdivision and shall be deemed to be repealed therewith.

Statutes affected:
S9894: 75-0107 environmental conservation law, 75-0107(1) environmental conservation law, 137 public service law, 137(1) public service law