In a major victory for the state of New York, the federal government has announced a significant policy shift regarding energy funding. The Biden administration has dropped its 10% cap on energy funding for the state, paving the way for New York to access millions of dollars in federal assistance to support its ambitious clean energy goals. The decision comes as a major boost to New York's efforts to transition to renewable energy sources and reduce its reliance on fossil fuels. With this newfound funding, the state can now accelerate its plans to develop new wind and solar projects, and invest in energy efficiency initiatives that will benefit both residents and businesses.
New York wins after feds drop 10% cap on energy funding NEWS10 ABC