New York Wants to Spend $2 Billion to Fix Water and Sewer Pipes
New York will spend $2 billion to fix its water and sewer pipes, which the state says is a small price to pay to save as much as $80 billion if the lines have to be replaced.
Gov. Andrew Cuomo
New York’s REV Initiative Puts State on Cusp of Climate Change Innovation
New York Reforming Energy Vision (REV) is extremely complex but at its core it tries to incorporate more renewable energies that are generated on site and deliver electrons via localized microgrids.
New York to Invest $250M Into Clean Energy Projects
New York Gov. Andrew Cuomo announced $250 million is available to fund large-scale clean energy generation projects such as wind farms, fuel cells, biomass facilities, renewable biogas and upgrading small- to medium-sized hydropower projects. The state will hold a competitive solicitation to promote the development of a range of renewable ... Read more »
Policy & Enforcement Briefing: Henry Waxman, Colorado Solar, FERC Nominee, Keystone XL, Oil Shipments
Congressman Henry Waxman (D-CA), a senior Democrat and prominent voice in environmental, climate and other legislation, is retiring at the end of the year. The 20-term representative from California was first elected in 1974. The Colorado Public Utilities Commission (PUC) approved a motion from the Colorado Energy Office that will ... Read more »
Climate Change Listed as Risk to NY Bondholders
New York is warning investors that climate change poses a long-term risk to the state’s financial health, citing Hurricane Sandy and tropical storms Irene and Lee, which caused widespread damage and economic losses. Climate change is now listed as a risk in the state’s bond offerings, alongside warnings about other ... Read more »
Developers Rethink Buildings Post-Sandy
Damage caused by Hurricane Sandy, which sent rising water rushing over New York City’s embankments and into the basements of residential buildings, has prompted developers to tweak design plans and add a number of costly improvements aimed at protecting buildings from future natural disasters. Developers of several residential buildings, especially ... Read more »
New York Eyes $1bn Green Bank, Electric Car Network
New York Gov. Andrew Cuomo has proposed creating a green bank to spur private investment in the clean economy. He also called for a state-wide electric car network and an extension to the state’s solar program. Cuomo briefly described these plans and named Richard Kauffman to a cabinet-level energy czar ... Read more »