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Eight years ago Superstorm Sandy killed 44 people in New York City, cost the City approximately $19 billion in damages and lost economic activity according to cityofficials, and left more than 69,000 residences damaged. Inside Climate News’ Kristoffer Tigue reported that earlier this year the New York state legislature was poised to pass a $3b bill called the “Restore Mother Nature Bond Act,” which would have allowed the state to issued bonds to help fund projects specifically geared toward reducing New York’s flood risk. But because of $30B funding shortfalls due to the COVID pandemic, Governor Cuomo said it wouldn’t be “financially prudent” to pursue the bond legislation until next year.
Many people whose homes were destroyed by Sandy had to live in a hotel for years until their homes were finally rebuilt. If another storm like that were to hit now, when many of the city’s low-income residents are behind on mortgage payments, if their homes are destroyed they could find themselves homeless — under water literally and financially. The Union of Concerned Scientists report found that no homes in wealthy Manhattan were at risk of repeated flooding by 2045 but in Queens, a borough with a much higher percentage of low income and minority residents than Manhattan, thousands of homes are at risk of chronic flooding by then.
Many advocates worry that other states will follow New York’s lead and because of the COVID funding crunch back away from commitments to make similar investments in climate resilience. Unfortunately, the Governor’s request for $30b in federal assistance for New York related to the coronavirus is caught up in the Congressional stalemate with the White House over further pandemic-related stimulus funding for cities and states. On the other hand, state officials believe that if former Vice President Biden wins the Presidential election, a Biden administration would be receptive to providing federal aid to New York for climate adaptation projects as long as the state is willing to pay for a share of the project costs.
By Alejandra Pollak, Originally published September 14, 2021 New York Fashion Week (NYFW) took place from September 8th through 14th. On its final night, all eyes were on the Met Gala in New York City, arguably fashion’s biggest night of the year. Designers, models, celebrities, influencers, and the media — the entire fashion world — […]
The McDonald’s toys you grew up loving (and then losing under the seats in your mom’s car) are going green. The iconic toys that come in every meal will soon be made mostly from corn and other sustainable materials instead of petroleum-based plastics. The company hopes to make the transition complete across all stores globally […]
Bike riders and commuters across the nation will be getting some special benefits for purchasing an electric bicycle. Included in President Biden’s $3.5 trillion budget plan is $7.4 billion in tax credits for e-bike purchases. The administration hopes that it can encourage more people to choose biking instead of driving to help curb transportation emissions, […]
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