New York State ;like many nations ,has foolishly committed to 'net zero' (where so called green house gas emissions are equal to or less than removal of the gases out of the atmosphere) .
What does that mean to NY ? Here is one practical example of the folly.
GlobalFoundries ;located in Malta NY ,is a semiconductor manufacturer . Real high tech stuff .Good business for the state for the future . NY wants to become a hub in the domestic microchip industry.
Global already employs 2,500 people and wants to expand 1500 more . The project would also involve the temporary creation of an additional 9,000 construction jobs between their Malta plant and a Vermont plant.
GlobalFoundries, state officials celebrate funding for Essex Junction chip plant - VTDigger
This project is receiving Fed grants ,loans and state and local subsidies to the tune of $1.5 billion.
U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries - The New York Times (nytimes.com)
NY has a total of $10 billion in incentive subsidies to expand the industry .
New York plans a $10 billion chip research center with IBM, Micron and others | CNN Business
What's the problem ? Well while NY is encouraging the development of new industry ,it is reducing it's energy capacity . And this project will use a lot of energy.
New York’s industries are warning that “reliability margins” are being stretched to the breaking point, which could mean brownouts, meaning grid-wide drops in voltage during periods of high demand.
The growth comes as the state is transitioning energy sources toward renewables and away from fossil fuels to meet requirements in New York’s ambitious Climate Leadership and Community Protection Act, signed into law in 2019. The climate law requires that 70 percent of statewide electricity come from renewable energy by 2030, and that New York’s electricity system is completely emission-free by 2040.
The New York Independent System Operator — a not-for-profit that manages the state’s electrical grid and marketplace — estimated in its Jan. 12 quarterly report on reliability that approximately 260 megawatts of large loads were installed across the state in recent years. That amount is projected to increase to 764 megawatts in 2025, reducing the reliability margin during normal operations and weather to less than 100 megawatts.
GlobalFoundries project brings more load to New York's electrical grid (timesunion.com)
If you want to see into the future all you have to do is see the effect on boondoggle, feel good, virtue signaling energy policies have done to Germany.
They shut down their nukes.....
Has Germany’s Era Of Nuclear Energy Come To An End? | OilPrice.com
....and were trying to transition to all wind and solar. Their one fossil fuel alternative in the transition was natural gas from Russia .
The cost of energy skyrocketed in Germany. Today they are using less capacity than they did in 1969.
Energy use per person (ourworldindata.org)
But you need energy in a growing economy. Predictably this has affected Germany's ability to sustain it's economy.
Germany on track for two-year recession as economy shrinks in 2023 | Germany | The Guardian
The German industry witnessed a significant decline in production at the end of last year. This was reported by the Spiegel, a German news magazine. Companies reported significantly reducing their production in December. Compared to the previous month, the industry, construction and energy suppliers produced 1.6 percent less. The Spiegel refers to data from the Federal Statistical Office. This decline is not only the fourth in a row, but also the strongest since March 2023.
Chemical Industry - How it Became Germany's Weak Link in Production (msn.com)
And this is happening all across Europe.
Europe drove itself into the ditch. Bad policy decisions, including net-zero delusions, the headlong rush to alt-energy, aggressive decarbonization mandates, and the strategic blunder of relying on Russian natural gas that’s no longer available, are driving the deindustrialization. How bad is it? Mario Loyola, a research fellow at the Heritage Foundation, wrote
a sharp January 28 article in The Hill about Europe’s meltdown. According to European Commission data, industrial output in Europe “plummeted 5.8% in the 12 months ending November 2023,” he wrote. “Capital goods production was down nearly 8.7%. Investment in plants and equipment has plummeted.”
The result of all that lousy policy: staggering increases in electricity prices. Loyola notes that European electricity prices “have settled at triple their pre-pandemic levels.” Energy analyst Rupert Darwall recently reported that large businesses in Britain now pay
up to five times more for juice than in 2004.
The Deindustrialization Of Europe In Five Charts (substack.com)
NY and other states in the US are following the European path .
Does NY have any nuclear plants ? They used to but not anymore . The last one operating was Indian Point that served New York City . Il Duce Cuomo became convinced that it could not survive an earthquake .So it was shut down. Yes an earth quake was conceivable . But when was the last time you heard of one along the Hudson River ? The truth is he and the envirowackos wanted it shut down ;and any excuse would do ..... terrorist attacks ...and activists became convinced that the cleanest energy source that is not ancient like wind and solar was polluting the river .
Claims of environmental harm fall apart upon examination, while dreams of replacing Indian Point’s nuclear power with solar, wind, efficiency gains, and Canadian hydropower haven’t become reality. It’s striking to consider the many ways in which supporters of the move were wrong.
The Tragedy of Indian Point | City Journal (city-journal.org)
The tragedy really is that with nuclear ;hydro-power from NY(it;s rivers including Niagara Falls ;and off shore ) and Canadian sources ;the strategic use of wind and solar ;and CLEAN NATURAL GAS ; ......and forestry efforts and other technological improvements to increase NY carbon sequestration ;NY could be well on it's way to achieving it's climate goals .