Environment and Energy

Stringer Proposes NYC Green Bonds

September 30, 2014
By Neal Tepel

New York, NY – In an effort to focus investment on projects that protect the environment and boost sustainability, New York City Comptroller Scott M. Stringer has introduced, “A Green Bond Program for New York City,” to make New York the first major city in the nation to offer Green Bonds.  The program offer investors a way to participate in the financing of environmentally conscious projects that provide clean water and improve the energy efficiency of buildings.

NYC Council Legislation Promotes Clean Air

September 30, 2014
By Neal Tepel

New York, NY - On Friday September 19, 2014 the New York City Council unveiled landmark legislation aimed at  strengthening the City’s commitment to a greener, more environmentally-friendly future.  This comprehensive legislative package will address key areas in the fight against global climate change.  It's expected that greenhouse gas emissions  will be reduced while increasing energy efficiency. The legislative program will also encourage low-carbon transportation. Most experts agree that global climate change is a clear threat to the planet.  

NYS Hudson River Projects Controls Flooding

September 29, 2014
By Stephanie West

Albany, NY - New York State has allocated more than $2 million in grants to be devoted to projects that will protect communities along the Hudson River estuary from future flooding, storm surges, and rising sea levels. These climate adaptation initiatives are funded by the Environmental Protection Fund and are expected to be complete by the end of the year.

NYC Plans Building Retrofits to Reduce Greenhouse Gases

September 25, 2014
By Neal Tepel

New York, NY — New York City is committed to reducing its greenhouse gas emissions by 80 percent over 2005 levels by 2050. The plan includes retrofitting public and private buildings. Nearly three quarters of New York City’s greenhouse gas emissions come from energy used to heat, cool, and power buildings, making building retrofits a central component of any plan to dramatically reduce emissions.

Atlantic Offshore Wind Power

July 17, 2014
By Neal Tepel

New York, NY  – Over 1.5 million acres off the Atlantic coast can now be utilized for offshore wind development according to a new report from the National Wildlife Federation. Catching the Wind: State Actions Needed to Seize the Golden Opportunity of Atlantic Offshore Wind Power contains a new analysis showing how strong, consistent winds offshore can provide power to New York. This is enough to power over five million homes.

NYS Dunkirk Power Plant Repowered

June 18, 2014
By Stephanie West

Albany, NY - The New York State Public Service Commission has approved the repowering of the Dunkirk power plant. This decision not only improves reliability of the electric power in NYS but also provides economic benefits to Western New York. Under the $140 million agreement between National Grid and NRG, the repowered facility is assured operation for 10 years with added capability to generate 435 megawatts (MW) using natural gas.

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