New York Gov. Kathy Hochul said the state may need more time to meet its climate goals as rising energy costs and legal deadlines collide with affordability concerns for residents.
Hochul made the comments during a fireside chat with Politico Albany Bureau Chief Nick Reisman at the Politico New York Agenda: Albany Summit in Albany.
The governor said New Yorkers are already facing high living costs and warned that energy prices could rise further because of global events and federal policy decisions.
“The Trump War has now increased the cost of gasoline and diesel and the trucking costs,” Hochul said. “We are going to take it on the chin because of what this Administration has done with the war, with the tariffs.”
Hochul said the state must balance its climate goals with the financial pressure facing residents.
She pointed to utility bills as a growing concern, describing a case where a farmer’s monthly bill rose from about $10,000 to $22,000 during the winter.
The governor said New York’s climate law was passed under very different conditions in 2019 and did not anticipate disruptions such as the pandemic, inflation, supply chain problems, and changes in federal policy affecting renewable energy incentives.
Hochul said a court ruling now requires the state to finalize certain regulations by April, which could force higher energy costs if changes are not made.
“I need time,” Hochul said when asked whether the state should adjust the timeline for meeting climate targets.
She said the state may try to address the issue in the upcoming budget negotiations, calling it the most practical vehicle for making changes.
The governor also said her administration is pursuing an “all-of-the-above” energy strategy that includes renewable power while exploring other options such as nuclear energy to help reduce costs.
Beyond energy policy, Hochul used the discussion to highlight preparations for the 2026 FIFA World Cup, which will include the final match at MetLife Stadium in the Meadowlands. She said New York will fund fan festivals and new soccer fields to support the event.
She also discussed the state budget, saying affordability will remain the top priority as lawmakers negotiate the final spending plan ahead of the April deadline.
“I don’t back down when I know that I’m fighting for New Yorkers,” Hochul said.
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