HomeEnvironmentHidden subsidies prop up New York’s fossil fuel industry

    Hidden subsidies prop up New York’s fossil fuel industry

    This story was originally appeared in New York Focus, a nonprofit news publication investigating power in New York.

    On a crisp evening last spring, nearly 100 people packed into an elementary school auditorium in the Hudson Valley town of Athens. They had shown up to weigh in on the future of the town’s largest taxpayer and recipient of one of the biggest property tax subsidies in New York: a natural gas power plant.

    For two decades prior, the Athens Generating Plant had received tax breaks averaging roughly $25 million a year. But that deal was about to expire, and its owners argued that without the abatement, the plant might be forced to close. They were looking to renew.

    While a few attendees supported the new tax agreement, most of the dozen-odd speakers asked an unelected local agency called the Greene County Industrial Development…

    Read full article originally published on

    A nonprofit, independent media organization dedicated to telling stories of climate solutions and a just future.


    Please enter your comment!
    Please enter your name here

    - Advertisment -

    Most Popular

    Recent Comments