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New York puts $4.2bn environmental bond act on the midterm ballot
- The Guardian
New Yorkers heading to the polls this month have a chance to vote for a ballot measure that would fund up to $4.2bn for environmental improvement projects – including increasing flood resiliency, reducing greenhouse gas emissions, electrifying school buses and creating more green and open spaces.
The proposal also aims to reach communities most affected by the climate crisis. If approved, it will allow the state to sell bonds in order to raise funds to finance several projects.