Democratic and Republican governors want to tap big budget surpluses to tackle climate change, putting money toward electric vehicles and protecting against disasters such as flood and fire. kronayne
“I can think of no more meritorious use of taxpayer funds than to protect these pristine properties for future generations of South Carolinians,” he said as he presented his proposed state budget, which also includes $17 million to use in the aftermath of hurricanes and other natural disasters.
“The climate crisis is not an abstraction. It is something that I and every governor in the United States, almost on a weekly basis, have to deal with,” Washington Gov. Jay Inslee, a Democrat, said this past week.Meanwhile, Democratic President Joe Biden’s $2 trillion package of social and environmental initiatives is stalled in Congress, leaving the prospect of more federal money to fight climate change uncertain.
California-based companies that work to address climate change and develop green technologies could be eligible for tax credits. Through programs to build more housing in downtown corridors and make communities more walkable, Newsom threaded his efforts to tackle climate change throughout his budget proposal.
“From extreme floods to megafires to seemingly never-ending ozone alerts, our state’s long-term health is on the line. ... We have to do everything in our power to make sure this is not the new normal,” Colorado Senate Majority Leader Steve Fenberg said. Even as they prioritize climate initiatives, many governors are balancing those plans with a need to support their state’s current economy as it transitions away from a dependence on fossil fuels. In New Mexico, the output of oil and natural gas has surged to an all-time high under Lujan Grisham’s administration. At least one-fourth of the state’s general fund budget can be traced to income from the oil and natural gas industries – underwriting public education, health care and other services.
They also want to set a goal of achieving carbon neutrality by 2045, meaning at least as much carbon is being removed from the atmosphere as what’s being emitted. Money for climate programs could come from the state’s $4.6 billion budget surplus and federal infrastructure funding.
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