Environmental bond act pulled from November ballot in New York
Gov. Andrew Cuomo has pulled the $3 billion Restore Mother
Nature Bond Act from the November ballot. He said he didn’t think it would be
financially prudent to do it at this time. The proposed fund was intended to
build resilience against climate change effects such as flooding, among other
environmental priorities. It would protect forests, restore wildlife habitat
and help communities build disaster-resistant infrastructure. The last major
environmental bond act passed in New York was in 1996.