NYC to Spend $2.3 Billion to Cut Greenhouse Gas Emissions

Photo courtesy hibino and licensed by Creative Commons.

The city of New York plans to spend $2.3 billion to cut greenhouse gas emissions, according to this Yahoo News article.  The spending plan, aimed at government buildings only, will focus on replacing heating and cooling system and repairing methane leaks at water treatment plants to replacing street lights and buying more fuel-efficient cars.  It will be paid for partially by the city budget at a tune of about $100 million per year.  Wonder where they’ll get the extra cash?  Federal grant (your tax money) or raising city taxes (your tax money)?  I’m sure Bloomberg won’t cut excess government waste to account for the extra spending.  Good news, though:  Mayor Bloomberg expects the city to be making an annual profit from the changes effective 2013…so look for major tax breaks and refunds about that time.  /sarcasm

Read More: news.yahoo.com

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About the Author

Michael Duvinak has written 1693 stories on this site.

A social and fiscal conservative, I scour the news for information that disputes the current man-made global warming indoctrination that takes place around the world. I take a rather sarcastic approach to reporting on the nonsense being spewed by the talking heads in the media and the governments around the world.

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