NY transport authority issues $500m green bond

The Metropolitan Transportation Authority (MTA) is to issue its first ever green bond in New York. MTA is responsible for developing and implementing a public mass transport system for the city’s metropolitan area. The $500 million (£346m) bond will be used for low carbon transport projects in New York. It is certified by the Climate […]

US train yard on track to save $328k on energy

A train yard in New York has had energy efficient improvements worth $2.1 million (£1.34m). The works on the Metropolitan Transportation Authority’s Metro-North Railroad North White Plains Train Yard are expected to help save more than $328,000 (£209,000) in energy costs per year. It would also reduce around 1,280 tons of greenhouse gas emissions annually. The project consisted […]