What was promised

Launch a cap-and-invest carbon-pricing program

What’s happened

Repeatedly delayed; the auction system was put on hold, with a court ordering final rules.

Evidence

• Hochul delays cap-and-invest climate program, citing affordability
  NY FocusJan 15, 2025

• Finger Lakes bitcoin mine Greenidge rebrands as data center, testing Hochul's EO 62 moratorium
  GothamistJul 30, 2026
• Blakeman calls for statewide halt on battery storage facilities, citing East Hampton fire
  Fingerlakes1.comJul 24, 2026
• Hochul expands wildfire-smoke air quality advisory statewide, sends 100K+ N95 masks to counties
  Governor's OfficeJul 16, 2026
• Trump calls Hochul's data-center moratorium a "terrible decision," urges New York to reverse it
  CNBCJul 15, 2026