Hochul’s ‘Cap-and-Invest’ Climate Plan Stirs Skepticism From Environmentalists & Polluters Alike

The program will charge companies for carbon pollution and introduce a novel rebate initiative that promises to distribute $1 billion to New Yorkers. But environmentalists say its success will rest on how exactly the state designs the program, to ensure it doesn’t allow companies to essentially pay to pollute without meaningfully lowering emissions.

Bronx tenant and her two children in her apartment kitchen

City Limits’ Most-Read Housing Stories in 2022

It’s been an eventful year in New York City housing. Mayor Eric Adams launched a new plan for housing production and a controversial approach to street homelessness. At the same time, the city’s homeless shelter population reached historic highs this year, fueled in part by an increase in migrants from the southern border and by soaring rent costs, including the biggest price hike for rent-stabilized apartments in nearly a decade.