Climate change effect on public transportation infrastructure to cost billions: FAO - News Summed Up

Climate change effect on public transportation infrastructure to cost billions: FAO


Climate change effect on public transportation infrastructure to cost billions: FAOTORONTO — The effects of climate change are projected to cost Ontario an extra $1.5 billion annually on average in the next few years just to maintain public transportation infrastructure, the province's financial watchdog said in a report Thursday. The study didn't even take into effect damage from wildfires or ice storms, focusing instead on extreme rainfall, extreme heat and freeze-thaw cycles. The report noted that over the next nine years, maintaining public transportation infrastructure would have cost $11 billion a year if the climate was stable. Today’s FAO report lays out the massive repair bill that is coming due right now, unless the government acts urgently to make public transportation and other infrastructure climate-ready." Interim NDP Leader Peter Tabuns said the government should commit to investing in adapting public transportation infrastructure to withstand the impacts of climate change.


Source: National Post September 22, 2022 21:42 UTC



Loading...
Loading...
  

Loading...