New York state will require top polluters in numerous industries to report their greenhouse gas emissions starting in the summer of 2027 under a sweeping new policy that stops short of requiring emissions reductions.
Democratic Gov. Kathy Hochul’s administration announced Monday the state had finalized an emissions reporting rule, which resembles rules in California and Washington state.
But an earlier New York plan to launch a comprehensive carbon market similar to those in California and Washington is on hold.
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The New York reporting mandate affects businesses that emit at least 10,000 metric tons of greenhouse gases per year. Those include electricity generators, landfills and waste haulers.
