Cap-and-Invest (New York state)

This article is about the proposed New York state policy. For the Washington state policy of the same name, see Cap-and-Invest (Washington state). For cap-and-trade programs, see carbon emission trading.

Cap-and-Invest is a proposed government policy of the State of New York. It would combine a carbon emissions trading program (commonly known as cap-and-trade) with a set of climate change policies funded by the sale of carbon emission allowances and offsets.^[1][2][3][4] The program would provide funding and compliance rules for the Climate Leadership and Community Protection Act passed in 2019.^[5]