Dark days lie ahead for New York, literally

by The Real Deal

When rolling blackouts become a regular occurrence in New York, don’t say we weren’t warned. Forecasts from the electric grid operator have become increasingly dire. The latest one chides elected officials, if you can decipher the jargon: “All scenarios require significant new generation, and policy-driven scenarios require far more installed capacity than exists today to reliably meet demand.” Policy-driven scenarios? What? Translation: dilemmas created by lawmakers. For example, New York has passed an electric buildings mandate, an emissions cap (Local Law 97) and a requirement that landlords provide air-conditioning on request. Whether you agree with such policies or not, they […]

This article originally appeared on The Real Deal. Click here to read the full story.

Christopher Greco

Christopher Greco

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