{"id":151428,"date":"2022-09-25T03:20:11","date_gmt":"2022-09-25T03:20:11","guid":{"rendered":"https:\/\/omni48.com\/news\/hochul-s-insane-green-power-scheme-may-raise-new-yorkers-power-costs"},"modified":"2022-09-25T03:20:11","modified_gmt":"2022-09-25T03:20:11","slug":"hochul-s-insane-green-power-scheme-may-raise-new-yorkers-power-costs","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/hochul-s-insane-green-power-scheme-may-raise-new-yorkers-power-costs","title":{"rendered":"Hochul&#8217;s insane green power scheme may raise New Yorkers&#8217; power costs"},"content":{"rendered":"<p>The green-energy movement has been very good for Wall Street, and not so good for consumers. Energy prices remain stubbornly high because environmentalists control vast swaths of government on both the federal and state levels mandating inefficient windmills, solar panels and other costly boondoggles. Meanwhile, the Wall Street cash register keeps ringing. Money managers sell high-cost funds investing in environmental causes to unsuspecting buyers, and banks tap into businesses that receive green subsidies. The latest example of Wall Street&#8217;s green cash machine at work: Blackstone&#8217;s investment in so-called &#8220;clean hydropower&#8221; that will bring this allegedly spotless electricity to New York City residents. The project is being sold as a clean and cost-efficient way to put a cap on our skyrocketing energy cost The reality might be much different. Gov. Hochul and the state Public Service Commission recently approved a plan that was 10 years in the making . A decade ago, Blackstone, a private-equity firm with $881 billion under management,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The green-energy movement has been very good for Wall Street, and not so good for consumers. Energy prices remain stubbornly high because environmentalists control vast swaths of government on both<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[395,27,39,44,42],"class_list":["post-151428","post","type-post","status-publish","format-standard","hentry","category-news","tag-coal-industry1","tag-economy","tag-energy-industry","tag-industry","tag-politics"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/151428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=151428"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/151428\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=151428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=151428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=151428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}