Utility Dive: A report released in July by the Climate Action Task Force recommended that Denver invest some $3.4 billion over the next decade on policies and incentives to reduce GHG emissions 40% from 2005 levels by 2025, 60% by 2030 and 100% by 2040. That includes retrofits of homes and buildings for energy efficiency; expanding electric vehicle infrastructure; ending natural gas in homes and businesses; redesigning streets and increasing transit options.
The sales tax could bring in an estimated $36 million for those efforts, with 50% dedicated to underrepresented and low-income communities. That will help "right some of the historic wrongs" that have left those communities more at risk from rising heat, pollution and extreme weather, said city councilman Jolon Clark.
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