Developing New York State’s Economywide
Cap-and-Invest Regulations

New York is committed to getting the transition to a clean energy economy right and keeping our state affordable for families and businesses.

Cap-and-Invest Rulemaking

DEC anticipates developing a regulation that sets an annual cap on the amount of pollution that is permitted to be emitted in New York. Every year, the emissions cap will be reduced, setting the State on a trajectory to improve public health and the environment by reducing greenhouse gases and meeting emission reduction objectives.

Auction Rulemaking

NYSERDA anticipates developing a regulation covering the auction of allowances to achieve the goals of affordability and the just transition to clean energy.

DEC and NYSERDA are committed to public transparency and are interested in hearing about what elements of regulations would work well and what improvements or changes may best serve New York.

Feedback from individuals and stakeholder groups is critical to building out an equitable program that balances interests and ensures the State meets its greenhouse gas emission reduction objectives.

DEC and NYSERDA invite the public to provide comments on the Pre-Proposal Outline [PDF] and created a template document [PDF] to assist commenters in providing feedback.

Submit Pre-Proposal Comments (opens in new window)

DEC and NYSERDA will review comments and further develop materials to define New York’s program. Notices will be sent to the distribution list when the materials are posted.

View Pre-Proposal written comments (opens in new window) received to date.