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NY GOP Proposes $2B Green Fund for Energy Relief

2/26/2026

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Story summary
  • Assembly Minority Leader Ed Ra announced New York Assembly Republicans would tap a dormant $2 billion green energy fund to provide rebates and credits.
  • The plan targets immediate relief as Con Edison plans electricity and gas price increases over the next few years.
  • The GOP package also seeks to eliminate certain climate mandates.
  • Governor Kathy Hochul's spokesperson described the proposal as political grandstanding and cited her Ratepayer Protection Plan.