New York City will spend $2.3 Billion over the next 30 years to cut greenhouse gas emissions, Mayor Bloomberg announced yesterday. The spending will go toward reducing harmful emissions and reducing energy consumption in Municipal buildings and projects throughout the Big Apple. New York plans to cut 1.68 million metric tons per year from 2006 levels by 2017 using a myriad of methods and energy saving strategies. The goal is to cut 30 percent of emissions from the public sector, which uses 6.5 percent of the total energy consumption for the city and 10 percent of its peak electrical demand, within 30 years.

“The city is doing its part, I hope the private sector follows our example and finds conservation savings of their own.” Bloomberg said in a statement. The Mayor said that NYC should break even on its investments as early as the year 2013, with a huge portion of the savings coming on reduced energy bills. “By 2015, we project we will have saved more on our energy bills than we will have spent on all our planned investments to that point.”, Deputy Mayor Ed Skyler said.

You can takepart in finding practical solutions to combat Global Warming in your life by checking out the website of Climate Solutions.

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Silo Breaker: NYC to spend $2.3 Bln to Cut Greenhouse Gases

Yahoo Canada News: NYC to spend $2.3 Billion to cut greenhouse gases

NYC.gov: Mayor Bloomberg announces long term plan to cut municipal energy consumption