Despite declaring that the state’s economy is in a recession, Gov. Cuomo this week still announced a new $26 billion clean-energy plan that’s guaranteed to make it that much harder to get good times rolling again.
“We must replace fossil-fuel plants with clean power. There are no ifs, ands or buts about it, and now is the time to do it,” Cuomo said. Actually, the time to do it is after alternatives become less than insanely expensive. New York’s energy costs are already among the highest in the nation, and this will only make it worse.
Like everyone pitching green investment, Cuomo says it will create thousands of jobs and activate tens of billions in private investment. But the only real certainty is that it will cost, big-time — and employ hundreds of construction workers at pay rates they can’t actually get on the open market.