Comments on: Gov. Hochul unveils $1 billion proposal to combat climate crisis in New York /2025/01/gov-hochul-unveils-1-billion-state-of-the-state-proposal-to-combat-climate-crisis/ Covering the world of solar power technology, development and installation. Thu, 16 Jan 2025 12:57:23 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Solarman2 /2025/01/gov-hochul-unveils-1-billion-state-of-the-state-proposal-to-combat-climate-crisis/#comment-148728 Thu, 16 Jan 2025 12:57:23 +0000 /?p=108352#comment-148728 Hochul says: ““This historic $1 billion climate investment is not just a commitment to sustainable energy, it is a commitment to New Yorkers — creating thousands of jobs, cutting energy costs, and reducing harmful pollution. Together we are driving forward with innovative technologies to achieve our decarbonization goals while ensuring economic growth.”” Then the consideration of: “These contracts will result in at least 500 MW of renewable energy while creating clean energy development, 9,000 union jobs and reduced emissions.”

Hochul just wrote a check with her mouth the constituency will have to ‘cash’. Use sites like Utility Dive for context and contrast of how the electric utility industry is fashioned and what happens to bundled residential electricity rates as more “electrification” takes place, decarbonization and much needed transmission and delivery infrastructure is built in the years to come. As for the announced 9,000 Union jobs, this is ‘construction’ it is a boom or bust cycle without proper consideration, is an employment boost until the project is finished, then curtails from 9,000 employed to (maybe) 100 employed when the 500MW ‘renewable energy’ projects are constructed and online. Take away, short term employment opportunities do not a robust economy make, needed upgrades to the electricity conveyance grid system will cost formulated by analyists from 3.5% to 6.5% YoY bundled electricity rate increases from now to grid decarbonization. There is no free lunch and energy costs will (still) increase regularly for many years to come. Most adults understand the ‘cost’ and ‘rewards’ of taking responsibility for their considered actions on any given day. The bottom line with energy, when you pay it forward and take responsibility for your daily energy needs you effectively isolate or remove the middle-man. When one removes the middle-man in energy use (YOU) save money. This is a marathon, not a sprint. IT is not about a moving target ROI, but a legacy left to the next generation to inherit the EARTH. Just sayin’.

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