Chairman Ed Cox | Official website
Chairman Ed Cox | Official website
ALBANY – NYGOP Chair Ed Cox released a statement in response to a Wall Street Journal article highlighting that New Yorkers are paying over four times the average cost for wind power.
“New Yorkers are paying an outrageous price for electricity, and it’s all because Governor Hochul and Democrats have bought into a costly green energy fantasy that’s destroying our wallets and economic future," said Cox.
Cox pointed out that New York's latest offshore wind projects are costing around $150 per megawatt-hour, significantly higher than traditional energy sources like natural gas. He labeled this as "a disastrous fraud on taxpayers" and warned of its impact on the state's economy and the financial well-being of New York families.
He further criticized Democratic policies, stating, “Democrats’ reckless wind power policies are not only inflating electricity costs but also driving businesses out of New York, threatening jobs and economic growth. It’s a betrayal of the hardworking families who are struggling to make ends meet.”
Cox argued that green subsidies have had "no meaningful impact" on reducing greenhouse gas emissions. He accused President Biden and the Democrats of pushing an agenda that disregards real data while imposing financial burdens on American families.
He advocated for an American energy policy based on cost-effective solutions utilizing all available natural resources to foster economic growth and energy independence. According to Cox, Democratic leadership in New York has chosen ideological grandstanding over common sense and economic stability. He highlighted the untapped potential of natural gas resources in the Southern Tier, contrasting it with the benefits being realized in neighboring Pennsylvania.
“We need to prioritize affordable, reliable energy from all resources for all New Yorkers and end this wasteful spending that leave us worse off,” concluded Cox.
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