It's more money than it would take to build an aircraft carrier, or 1600 units of housing.
Almost without fanfare or notice, the City of Santa Monica has voted to spend $800 Million over ten years to reduce its carbon foot print. This is $8,000 per resident, or about 3 times the City's annual budget. It's more money than it would take to build an aircraft carrier, or 1600 units of housing.
"Last night, the Santa Monica City Council adopted the Climate Action and Adaptation Plan (CAAP), the City's roadmap to achieving an 80% cut in carbon emissions by 2030 and reaching community-wide carbon neutrality by 2050 or sooner", said City information czar Constance Farrell, in a press release.
Read More: https://www.smobserved.com/story/2019/05/29/news/santa-monica-city-council-decides-to-spend-800-million-to-fight-global-warming-locally/3993.html
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http://surfsantamonica.com/ssm_site/the_lookout/news/News-2019/May-2019/05_29_2019_Santa_Monica_Adopts_800_Million_Plan_to_Fight_Climate_Change.html