2) Last Friday, we also saw an update in the legal fight to reinstate congestion pricing. Governor Kathy Hochul’s motion to dismiss two critical lawsuits to restore congestion pricing was denied.
This is a victory for our broad coalition of transit riders, environmental advocates, and disability justice organizations. Implementing congestion pricing will significantly reduce emissions and air pollution from cars – not to mention achieve $15 billion worth of transit improvements, more frequent trains, and faster busses.
3) BTW, one of our office’s most consequential actions to address the climate crisis? Three of the NYC pension funds’ plan to reach net zero emissions in their investment portfolios by 2040.
Building on the pension funds’ historic divestment of nearly $4 billion from fossil fuel reserves, this plan makes NYC one of the first public pension systems in the country with a comprehensive, concrete plan to reach Net Zero emissions.
4) Our office is also proud to support and engage with local environmental groups. Last Thursday, I spoke at a rally in opposition to Intro 772, which would effectively gut Local Law 97, New York City’s green buildings law.