Bloomberg Proposes $20B Storm-Protection Plan For NYC

Law360, New York (June 11, 2013, 7:23 PM ET) -- New York City Mayor Michael Bloomberg on Tuesday unveiled an ambitious $20 billion plan to protect the city from future storm surges, rising sea levels and extreme weather by fortifying the coastline, a response to both the aftermath of Hurricane Sandy and climate change.

The plan calls for the city to make extensive infrastructure and disaster response upgrades, including increasing coastal defenses with adaptable floodwalls and storm surge barriers, retrofitting buildings, developing strategies with utilities on grid flexibility and power restoration and strengthening fuel and food...
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