The Climate and Community Protection Act (CCPA) Threatens Over 4 Million Small Business Jobs in NY

What is the Climate and Community Protection Act (CCPA)?

  • The Climate and Community Protection Act (S. 2992 / A. 3876) would legally require the elimination of ALL greenhouse gas emissions by 2050.
  • By 2030, the CCPA requires that 50% of the electric generation come from renewable energy systems.
  • CCPA creates a “Climate Action Council” to establish a scoping plan, which allows the state agencies to use “market-based mechanisms” to reduce statewide greenhouse gas emissions, including the imposition of fees on carbon, and allows the elimination of the combustion engine.
  • CCPA also requires the payment of prevailing wages on nearly all renewable energy projects.

 

How does the CCPA affect your daily life?

  • The CCPA affects the daily lives of every New Yorker, not just financially but in how you live.
  • A statewide zero emissions standard means the loss of items you use almost every day, including: the car you drive, your charcoal or propane grill, your gas stove, your snowblower, and the gas furnaces that heat your home.
  • All homes and businesses will need to be retrofitted with carbon-free heating and electric systems.

 

What are the costs associated with the CCPA?

  • $7 billion annually – in new taxes, fees, and assessments on energy consumption.
  • $60,000 – an estimate of the average cost for a residential homeowner to convert their household to all electric appliances.
  • $300-440 per year – an analysis on the tax hikes for the average residential customer. For commercial and industrial customers, it could be up to $4,300 per year.
  • 1,000 different businesses, 40,000 jobs, and $2.6 billion in wages from Energy Intensive Trade Exposed (EITE) industries, including manufacturing, sawmills, iron and steel mills, foundries, and paper mills, are in immediate jeopardy.
  • 2.1 million small businesses and the 4.1 million jobs they provide are threatened by higher energy costs, the costs of equipment, and the cost of retrofitting buildings.

 

New York can do better! By advancing smart, thoughtful policy, the state can protect our environment, taxpayers, small businesses, and our economy. The CCPA is not thoughtful policy – it is a massive mandate with no actual plan.

Take Action! 
Tell New York Lawmakers to Halt the CCPA

Email your Elected Official

Take Action!
Tell New York Lawmakers to Halt the CCPA

Email your Elected Official

Help us inform them that the CCPA is not the right solution.

© 2001 - 2022 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy