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
| Jul 2, 2012
Plumosa School of the Arts earns LEED Gold
Education project dedicated to teaching sustainability in the classroom.
| Jun 22, 2012
USGBC Joins Six Major Organizations at Rio+20 to Launch the Global Initiative on Urban Resilience
Global initiative is designed to spur building and infrastructure development, create new investment opportunities, and foster community action around the world
| Jun 19, 2012
Armstrong Issues Environmental Product Declarations On Nine Popular Ceiling and Steel Suspension Systems
Transparent new documentation allows end users to make more informed decisions when selecting ceilings for projects
| Jun 18, 2012
Tremco Commercial Sealants & Waterproofing Unveils Sustainable Building Solutions Test Facility
State-of-the-art facility provides a controlled testing environment of air and moisture infiltration/exfiltration in air barrier systems and building enclosures
| Jun 15, 2012
InPro’s bio-content becomes Cradle-to-Cradle CertifiedCM Silver
Two main components of G2 Blend formula now C2C Certified Silver.
| Jun 13, 2012
Free webinar on Designing and Building Green Schools scheduled for June 20
USGBC Center for Green Schools and other experts to present practical tips.
| Jun 13, 2012
Steven L. Newman Real Estate Institute to hold energy asset conference for property owners, senior real estate managers
Top-level real estate professionals have been ignored as the industry has pushed to get sustainability measures in place.
| Jun 8, 2012
Living Building Challenge wins the 2012 Buckminster Fuller Challenge
The Living Building Challenge was chosen from a pool of 122 of entries from around the world.
| Jun 8, 2012
Nauset Construction completing sustainable dorm for Brooks School
Student input on green elements provides learning experience.
| Jun 1, 2012
New BD+C University Course on Insulated Metal Panels available
By completing this course, you earn 1.0 HSW/SD AIA Learning Units.
