NYC to begin ‘climate budgeting,’ subsidizing solar panels for low-income homeowners

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New York City will begin taking its carbon emissions targets into account as part of the budget process and launch a program to subsidize solar panel installations for up to 3,000 low-income homes as part of a new long term climate plan Mayor Eric Adams’ office released on Thursday.

The plan, dubbed “PlaNYC: Getting Sustainability Done,” is the fifth such climate roadmap released by the city since it became legally required to put out a new one every four years. It was crafted by the New York City Climate Cabinet — a panel made up of 35 administration officials, outside stakeholders, City Council Speaker Adrienne Adams and council Environmental Protection Committee Chair James Gennaro.