“Climate bond” moving through Legislature, could be one of largest environmental measures ever put before voters
Massive forest fires. Deadly floods. Record heat waves. Historic droughts.
Two similar bills are moving forward in the Legislature, with broad support from the Democratic majority and Gov. Gavin Newsom. The New York measure, endorsed by Gov. Kathy Hochul, will fund a wide variety of projects. Among them: flood control to address rising sea levels in areas like New York City and Long Island Sound; renewable energy; expanded parks, farmland and open space preservation; and other efforts, including purchasing zero-emission school buses and opening urban cooling centers during heat waves.
Wind turbines stand in fields near Palm Springs, Calif, March 22, 2023. Electricity generated from renewables surpassed coal in the United States for the first time in 2022, the U.S. Energy Information Administration announced Monday, March 27, 2023. Ashley Landis/Associated PressIn March 2020, Proposition 13, a bond measure that would have raised $15 billion for preschools, K-12 schools, community colleges and state universities, was rejected by voters, 55-45%.
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