Yvonne Hennessey, Environmental Practice Area chair, was quoted in the New York Focus article “Gas Industry Eyes Comeback as New York Weighs Climate Law Delays.” She provided insight into renewed momentum from the natural gas industry as New York State policymakers consider potential delays to the state’s climate mandates. The article examines increased advocacy by fossil fuel interests and growing uncertainty around the state’s transition to a zero-emissions grid.
Yvonne noted a recent uptick in development interest, stating she has “seen renewed industry interest over the last six months in building new gas plants.” While NYS Governor Kathy Hochul’s evolving “all of the above” energy strategy has signaled a more flexible approach, Yvonne emphasized that investors remain cautious, explaining that “investors are still waiting for a clearer signal that they’re welcome in New York,” adding that significant changes to the state’s climate targets could provide that certainty.
Yvonne also pointed to broader opportunities tied to shifting energy dynamics, suggesting that New York could revisit prior restrictions on in-state fossil fuel production. “We could very well have our own source of fossil fuel in the state of New York,” she said, referencing the state’s longstanding ban on fracking.
The article highlights the broader policy and market tensions shaping New York’s energy future, as stakeholders weigh grid reliability, economic pressures, and climate commitments.
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