July 18, 2023
CLIMATE CHANGE AND EMISSIONS LAWS IN NEW YORK CITY: IMPACT ON PROPERTY OWNERS AND BUSINESSES
New York City has established itself as a trailblazer in climate change legislation, aiming to become carbon-neutral by 2050. Here are some key laws and initiatives currently in place:
- Climate Mobilization Act: The Climate Mobilization Act, passed in 2019, stands as a comprehensive framework to reduce greenhouse gas emissions in buildings. Its most notable provision is Local Law 97, which sets emissions caps for large and mid-sized buildings over 25,000 square feet. This law mandates emissions reductions of 40% by 2030 and 80% by 2050, pushing property owners to invest in energy-efficient retrofits and renewable energy sources.
- Local Law 87: Local Law 87 focuses on energy audits and retro-commissioning of buildings. Under this law, owners of buildings over 50,000 square feet must conduct energy audits and retro-commissioning at least once every ten years. This process helps identify areas of energy inefficiency and recommends measures to improve energy performance. Compliance with Local Law 87 contributes to the city’s overall efforts to reduce emissions and increase energy efficiency.
- Renewable Energy Transition: New York City is actively encouraging the transition to renewable energy sources. Local Law 147 requires city agencies to purchase 100% renewable energy by 2025, setting an inspiring example for other organizations. Furthermore, the city’s Solarize NYC program offers incentives and streamlined processes for property owners looking to install solar panels.
- Transportation Emission Reductions: To tackle emissions from transportation, New York City has implemented several measures. One significant development is the expansion of the electric vehicle (EV) charging infrastructure. Local Law 32 requires the installation of EV chargers in parking lots, while Local Law 92 ensures that new buildings provide EV charging stations. Additionally, the city aims to convert its entire municipal fleet to electric vehicles by 2040.
Implications for Businesses and Property Owners: If you own a business or property in New York City, it’s crucial to be aware of the following laws that impact you:
- Emissions Caps for Buildings (Local Law 97): To comply with Local Law 97, property owners must take proactive steps to lower emissions from their buildings. Here are some strategies to consider:
- Conduct an energy audit: An energy audit will help identify areas of energy waste and inefficiency in your building. It will provide valuable insights into potential upgrades and retrofits that can reduce emissions.
- Retrofitting and upgrades: Implement energy-efficient measures like improving insulation, upgrading HVAC systems, and installing energy-efficient lighting. These upgrades can significantly reduce energy consumption and emissions.
- Renewable energy adoption: Explore the feasibility of installing solar panels or other renewable energy systems on your property. Generating clean energy on-site can contribute to meeting emissions reduction targets.
- Engage with energy consultants: Working with energy consultants or professionals can provide expertise and guidance in navigating the complexities of compliance with Local Law 97. They can help identify cost-effective solutions tailored to your specific building.
- Energy Efficiency Reporting (Local Law 33): Building owners are required to submit annual energy efficiency reports under Local Law 33. To comply, work closely with energy auditors or consultants to gather the necessary data and streamline the reporting process. These reports provide valuable information on energy consumption and emissions, fostering transparency and accountability.
New York City’s climate change laws and initiatives reflect the city’s commitment to combatting the effects of global warming. If you have any questions on complying with these laws, our firm can help point you in the right direction. By familiarizing yourself with these regulations, you can play a vital role in creating a greener, more sustainable future.