New Yorkers to Vote on First Environmental Bond Act

0 shares Share 0 Tweet 0 Pin 0 Share 0 This midterm election, November 8th, New Yorkers can vote on the first environmental bond act in the last 26 years. If voters approve the act, the state of …

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This midterm election, November 8th, New Yorkers can vote on the first environmental bond act in the last 26 years. If voters approve the act, the state of New York can sell $4.2 billion worth of state bonds. The money will be used to finance projects that will reduce greenhouse gas emissions.

According to Eco Watch, this measure was already passed by the state’s Legislature and Governor Hochul, but any measure that increases the state’s state bond has to be approved by voters as well.

“When it comes to the worsening climate catastrophe, it’s hard not to get depressed. But action is warranted, not hand wringing. Prop #1 moves New York forward in adapting the state to the growing climate threats,” New York Public Interest Research Group Executive Director Blair Horner said in a statement reprinted by WAMC Northeast Public Radio.”

If the measure is approved, it’ll allocate funds for mitigating climate change, flood prevention, creation of more green spaces, improving water quality, and more. It also includes allocating $500 million for electric school buses, creating cooling centers and green spaces, and other measures.

This is the first time in a generation that citizens of New York state have the chance to vote for environmental funding. Hopefully, they’ll use this opportunity wisely.

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