Current:Home > StocksCharles H. Sloan-Maryland Gov. Wes Moore unveils $90M for environmental initiatives -Mastery Money Tools
Charles H. Sloan-Maryland Gov. Wes Moore unveils $90M for environmental initiatives
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 11:35:00
ANNAPOLIS,Charles H. Sloan Md. (AP) — Maryland Gov. Wes Moore highlighted $90 million on Friday as a down payment to help reach the state’s ambitious goal to reduce greenhouse gas emissions to fight climate change.
The money is set aside for three distinct initiatives, including $17 million to buy and lease electric school buses, $23 million to install electric vehicle charging infrastructure and $50 million for the electrification of schools and multifamily homes to cut emissions.
“We think this is an important statement to show that this is a commitment that we plan on keeping,” Moore, a Democrat, said. “We know this will take time, but it’s time that we are planning on moving with a sense of urgency on, and we believe that this $90 million down payment shows not just a measure of sincerity, but also a measure of aggression in the way we’re hoping to address this issue.”
The money was described as a start in how the state will reach the ambitious goals to reduce climate change that was charted in legislation approved two years ago known as the Climate Action Now Act. The law aims to reduce greenhouse gas emissions by 60% of 2006 levels by 2031.
The administration also aims to achieve 100% clean energy by 2035 and reach net-zero emissions by 2045. That means at least as much carbon would be removed from the atmosphere as what is being emitted.
“I know that $90 million is not going to solve the climate crisis in the state of Maryland. But I also want to be clear, by working with the General Assembly, we can make a critical down payment now on a more sustainable future,” Moore said. Such a future includes clean air and “a future where power is drawn from nature instead of power being at conflict with nature,” he said.
Serena McIlwain, who is the secretary of the Maryland Department of the Environment, said the money will help “jump-start Maryland’s green economy.”
McIlwain pointed out that Maryland is seeing communities at risk in Baltimore, where residents are enduring extreme heat. She also pointed to communities on the Eastern Shore, where sea level rise is resulting in the loss of farmland because of saltwater intrusion.
In December, McIlwain’s department released a plan that calls for an estimated $1 billion a year in new state spending to transition to clean energy and fight climate change.
“We don’t have time to play around and waste time,” the secretary said at a news conference with Moore. “We have to do what we need to do to move forward. Climate change is here.”
The governor emphasized that the funding outlined Friday will be steered to underserved communities that are being affected by climate change to a greater extent. For example, he said extreme heat is increasing asthma cases from bad air quality in some communities more than in others.
Under his proposal, a minimum of 50% of the investments must go to communities that have been “historically undervalued, historically underseen and historically underestimated.”
“It’s not hitting every community the same way, so therefore the way that we are addressing it means that we have to be intentional about making ‘Leave No One Behind’ mean something, that those who oftentimes were last, they come first,” Moore said.
The $90 million is previously unallocated funding from the state’s Strategic Energy Investment Fund, the administration said. It will be put into the governor’s budget proposal as one-time funding to advance implementation of the Climate Solutions Now Act and the Maryland Department of Environment’s Climate Plan.
veryGood! (9298)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Mike Epps, wife Kyra say HGTV's 'Buying Back the Block' rehab project hits close to home
- At trial, man accused of assaulting woman at US research station in Antarctica denies hurting her
- Poet Rupi Kaur declines invitation to White House Diwali celebration over U.S. response to Israel-Hamas war
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- How Joan Kroc’s surprise $1.8 billion gift to the Salvation Army transformed 26 communities
- Judge to hear arguments as Michigan activists try to keep Trump off the ballot
- With Chiefs on bye week, could Travis Kelce go see Taylor Swift as Eras Tour resumes?
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- A man looking for his estranged uncle found him in America's largest public cemetery
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Migration nightmare: She thought her family was lost at sea. Then the Mexican 'mafia' called.
- Atlanta man arrested with gun near U.S. Capitol faces numerous charges
- Man convicted in wedding shooting plays his rap music as part of insanity defense
- Bodycam footage shows high
- Report: Michigan says Rutgers, Ohio State shared its signs before 2022 Big Ten title game
- A November meteor shower could be spectacular. Here's when to watch and where to look.
- Russia reportedly is using Ukrainian POWs to fight in their homeland on Moscow’s side
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
Mount St. Helens records more than 400 earthquakes since mid-July, but no signs of imminent eruption
National Zoo returning beloved pandas to China on Wednesday after 23 years in U.S.
Netanyahu and Orbán’s close ties bring Israel’s Euro 2024 qualifying matches to Hungary
Meta donates $1 million to Trump’s inauguration fund
1 month after Hamas' attack on Israel, a desperate father's plea: At least let the children go.
Disney reports sharp profit growth in the fourth quarter; shares rise
21 Syrian pro-government militiamen killed in overnight ambush by Islamic State group, reports say