June 12, 2013 in Nation/World

New Orleans fixes pale in comparison

 
Associated Press photo

New York City Mayor Michael Bloomberg speaks about the the city’s plans for dealing with climate change Tuesday at Brooklyn Navy Yards.
(Full-size photo)

New York Mayor Michael Bloomberg’s $19.5 billion plan to protect the city from storms and other possible consequences from global warming would dwarf the $12 billion that the Army Corps of Engineers has spent so far to improve the New Orleans area’s floodwalls, gates and levees since Hurricane Katrina in 2005.

Bloomberg said the city and federal money already allocated for Superstorm Sandy relief would provide $10 billion for project, and the city believes it could get at least an additional $5 billion in federal money. City officials said other financing options include a small surcharge on homeowners’ insurance.

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