Gov. Cuomo’s actions underscore importance of carbon price and effectiveness of cap-and-trade programs

(NEW YORK, NY – October 8, 2015) New York Governor Cuomo, joined by Vice President Gore, today announced four major actions to combat climate change and spur clean energy across New York State.

“Governor Cuomo’s climate leadership is making New York a hot-bed of innovation and opportunity in the clean energy economy. The Governor’s commitment to work toward a North American carbon market underscores the importance of putting a price on carbon and highlights the effectiveness of existing cap-and-trade programs, including the nine-state Regional Greenhouse Gas Initiative (RGGI) and the California-Quebec system. The Under 2 MOU solidifies New York’s ambitious long-term targets to cut pollution and deploy renewable energy, which will deliver tremendous benefits to businesses and communities in the state and set an example for others to follow.”

• Derek Walker, Associate Vice President, Global Climate