If you’re a building owner in New York City, you’re probably wondering how to meet compliance with Local Law 97. The act places increasingly stringent limits on buildings’ greenhouse gas emissions. In New York City, buildings account for more than three-quarters of the total emissions, and the city has an ambitious 80-by-50 plan to reduce the city’s emissions by 80 percent by 2050. Noncompliance with the law can lead to substantial fines. If you want to comply, read this article.
Local Law 97 requires that large and medium buildings decrease emissions. As of the end of 2018, over 57,000 buildings must meet emissions reduction targets by 2030. The laws require buildings to cut emissions by 40 percent by 2030 and 80 percent by 2050. If you’re planning a renovation, it’s important to understand the regulations and how they apply to your building. The New York Office of Building Energy and Environmental Protection (OBEE) is responsible for enforcing these rules.
How to meet compliance with Local Law 97 in NYC?
The law aims to reduce carbon emissions from buildings. According to the NYC Department of Environmental Protection, buildings account for two-thirds of the city’s total carbon emissions. In the next few years, these buildings must reduce their emissions by 40%, and eighty percent by 2050. In 2024, all buildings under LL97 will have to report their emissions, and the fines will be even higher.
The City is working to reduce carbon emissions from buildings and make it as efficient as possible. By 2040, New York is targeting its entire electric grid to be carbon-free. As a result, renewable energy will become more prevalent in the city. The goal of the law is to achieve carbon neutrality by the year 2040. As such, many buildings will be required to submit yearly emissions reports, and the City will also make it harder to meet it.
New York is implementing a number of measures to reduce carbon emissions. By 2024, the City will be able to meet carbon emission targets by phasing out fossil fuels and using alternative energy. By 2030, the goal will be to generate all of the electricity in the city from renewable sources. The city is also promoting a cap-and-trade program that will allow buildings to sell credits in the future for lower-carbon electricity.
In addition to making buildings more energy efficient, the city is also trying to decarbonize its electric grid. By 2040, the city aims to produce all of its electricity from carbon-free sources. By 2020, the city wants to generate all of its electricity from renewable sources. The goal is to ensure that all buildings are fully compliant by that time. While this is a challenging process for many building owners, it is not impossible.