by Nick Pope
The Daily Caller
New York City is moving forward with several climate policies which are likely to make everyday life even more costly for the middle class in one of the country’s most expensive cities.
The city is aiming to slash its greenhouse gas emissions by 80% come 2050, push a sweeping building electrification mandate known as Local Law 97 and impose an automobile traffic congestion fee, each of which will increase the costs of living or working in the nation’s largest city, especially for the middle class, energy and New York policy experts told the Daily Caller News Foundation. Queens, Brooklyn and Manhattan each already rank within the 15 most expensive places to live in the U.S., according to an analysis conducted by CNBC.
“If all of New York state went ‘net-zero’ today, United Nations climate modeling indicates that a mere 0.0023° F of global warming would be avoided by 2050. That is far from measurable, much less significant. So nothing would be accomplished,” Steve Milloy, a senior legal fellow for the Energy and Environment Legal Institute, told the DCNF. Businesses will stay in NYC and play along with the climate agenda, including high taxes, as long as costs can be passed on to locals. When profitability stops, businesses will leave… The costs of the climate agenda are regressive. Poorer people will feel them first.”
