Voters in the San Francisco Bay area approved a new annual property tax of $12 per parcel aimed at mitigating the effects of climate change.
The measure, which passed with 69% of the vote, is expected to raise a half billion dollars over the next 20 years. Some opponents said the flat rate was unfair because it taxed everyone at the same level, but proponents said the $1 a month tax was not onerous.
About 80% of the Bay’s marshes have already been lost to development, according to reports. One study estimates there is $62 billion worth of property at risk from climate change in the Bay Area.
Related Stories
Codes and Standards | Aug 10, 2021
Dept. of Energy issues model energy code determinations for commercial, residential buildings
2021 IECC offers 9.4% site energy savings.
Digital Twin | Aug 9, 2021
Digital Twin Maturity white paper offers guidance on digital twin adoption
Provides lifecycle map and an approach for incorporating digital twins.
Codes and Standards | Aug 5, 2021
Contractors can be liable for building failures many years after project completion
Personal injury suits could be brought decades after substantial completion.
Codes and Standards | Aug 4, 2021
Mass timber is a natural choice for building recycling through deconstruction
Designing wood buildings to optimize recovery of materials for disassembly aids carbon sequestration.
Codes and Standards | Aug 3, 2021
Dept. of Energy releases initial version of the Spawn of EnergyPlus software
Targets new use cases in advanced controls, district systems, and grid integration.
Codes and Standards | Aug 2, 2021
Several U.S. cities among most expensive places to build in the world
San Francisco, New York, and Boston head the domestic list.
Codes and Standards | Jul 28, 2021
American Concrete Institute creates new director of innovative concrete technology post
Aim is to attract emerging technologies for development.
Codes and Standards | Jul 28, 2021
Higher ed faces infrastructure backlog of $112.3 billion
Study recommends integrated strategic planning for best results.
Codes and Standards | Jul 27, 2021
Add a wobbly moon to flooding risk factors
Earth satellite’s orbit variations will lead to sunny-day flooding in the mid-2030s.
Codes and Standards | Jul 26, 2021
Revamping of Florida building codes on the table after condo collapse
Tragedy could prompt upgrades like post-Hurricane Andrew effort.
