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2A targets half of the revenue raised to communities that have historically been polluted and left behind.
Low-income communities and communities of color are disproportionately hurt by climate change, with higher rates of asthma, more pollution, and infrastructure that is less prepared for the impacts of climate change.
Denver will be a model for the nation and world by working urgently to create, pass, and implement bold policies that achieve 40% greenhouse gas emission decrease community-wide by 2025, 60% by 2030, and 100% by 2040, using a 2005 baseline. 2A provides the funding that will be imperative to achieving these goals. Denver will prioritize policy design, programs, and investments in frontline communities, and inspire people to embrace sustainability as a value.
2A will help reach Denver’s goals by:
Creating jobs in renewable, clean energy and natural resource management
Increasing investment in solar power, battery storage and other renewable energy technology
Neighborhood based environmental programs
Empowering vulnerable communities to prepare for a changing climate
Providing affordable, clean, safe and reliable transportation choices that have less environmental impact
Upgrading energy efficiency to reduce carbon usage, utility bills and indoor air pollution
2A would increase sales taxes in Denver by .25% or 25 cents on every $100 purchase.
This increase would raise between $36 -$40 million each year. 70% of the revenue would come from visitors to Denver. The money can only be spent on programs that eliminate greenhouse gas emissions and air pollution and adapt Denver’s communities to a changing climate.