New York Mayor Michael Bloomberg laid out an ambitious plan today to fortify the city against the extreme weather and storms we can expect thanks to a changing climate. “This is a defining challenge of our future,” Bloomberg said in a speech at the Brooklyn Navy Yard.
The plan, estimated to cost $20 billion, includes 250 recommendations in all, covering everything from erecting bulkheads and levees to retrofitting old buildings to protecting the city’s power infrastructure. (Fifty-three percent of NYC’s power plants currently sit within the 100-year floodplain, and by the 2050s, 90 percent could be in that danger zone.)
The plan covers so many different parts of the city and calls for such a wide array of proposals that the estimated price tag could change – and given the history of large infrastructure projects, that means the cost is likely to grow.
The price estimate also does not include some of the more ambitious projects envisioned in the report that require further study, like the construction of a so-called Seaport City, just south of the Brooklyn Bridge in Manhattan, modeled after Battery Park City, which would protect Lower Manhattan but cost billions.
The administration said that roughly half of the currently estimated $20 billion cost of the next decade would be covered by federal and city money that had already been allocated in the capital budget and that an additional $5 billion would be covered by expected aid that Congress had already appropriated. Most of that money was allocated, through a variety of programs, in the aftermath of Hurricane Sandy, according to the report.
While a $20 billion price tag sounds staggering, Bloomberg pointed out that Hurricane Sandy alone did $19 billion in damage to the city, and that a future storm could cause as much as $90 billion worth of destruction.