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** City on the Edge: Climate Change and New York City
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NY Budget Lays Groundwork for Cap-and-Invest Plan to Charge Polluters, But Details Are Lacking ([link removed])
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Parts of Cap-and-Invest, a state-wide program that will charge companies for carbon pollution, has made it into New York state’s final budget for the coming year. While the spending bill doesn’t mention it by name, it lays the groundwork for how money generated from the program would be spent going forward.
But environmentalists warned that important measures to protect disadvantaged communities were left out, and that details on how the program will actually be designed are yet to be determined. They're pushing for one provision in particular: establishing a limit on how much companies can trade and sell the allowances they acquire from the state.
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More climate & environmental news:
* Opinion: Targeting SNAP With Work Requirements Misses the Point ([link removed])
* Meals on Wheels Is a Climate-Relief Model ([link removed])
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At City Limits, we're on a mission to expose the challenges New York faces from climate change, as well as highlight opportunities for how local leaders can better prepare our region for the future.
This Earth Day, please support our local independent journalism that reports on local environmental news.
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