Austin to receive $1M climate pollution reduction grant - KXAN.com
Austin to receive $1M climate pollution reduction grant | KXAN Austin
AUSTIN (KXAN) — On Monday, the City of Austin is expected to receive a $1 million Climate Pollution Reduction Grant aimed to help develop climate action strategies to benefit the Austin-Round Rock-Georgetown metro area.
According to the U.S. Environmental Protection Agency (EPA), the grant will be presented at Austin City Hall beginning at 9 a.m.
The EPA Regional Administrator Dr. Earthea Nance, Austin Mayor Kirk Watson, Rep. Lloyd Doggett, Rep. Greg Casar and Austin Councilmember Paige Ellis are expected to be present.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”