New York City's climate mobilization act allows buildings to purchase carbon offset certificates to avoid fines and buy more time to fully comply with the law, while the revenue from this purchase flows into the GreenHOUSE Fund to help decarbonize affordable housing. (Print: Carbon Offsets: A New Tool in the LL97 Toolbox)
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returned by “Carbon Emissions”
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ArticleTopicsColumn TypeIssue
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New York City's Climate Act Lets Buildings Purchase Carbon Offset Certificates
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Inwood Park Apartments Cuts Oil Use and Avoids Carbon Fines with Smart Radiator Covers
Inwood Park Apartments in Manhattan has used smart radiator covers to reduce oil use and avoid fines under Local Law 97, saving the building $24,000 annually and reducing carbon emissions by 26%. (Print: Inwood Park’s ‘Cozy’ Carbon-Curbing Solution)
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Good Faith Effort Criteria and Carbon Credits Unveiled
New Local Law 97 rules aim to address carbon-emission fines for buildings. "Good Faith Efforts" are detailed for the 10% facing fines in 2024. For the 75% expected to face fines in 2030, there's a carbon-emission credit for electrification measures.
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In The Nick of Time
The Climate Mobilization Act divides building boards into three categories: unaware, struggling to fund retrofits, and preferring fines. A new bill proposes tax abatements for emission reductions, aiming to alleviate financial burden.
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The Problem: Carbon Confusion
Planning for energy retrofits amid a changing landscape.
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The Future is Here
Two buildings, two cutting-edge technologies.
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Get Calculating: Total Up Your Carbon Emissions
See where your building stands on meeting carbon emissions caps.
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Dawn of a New Landscape: Queens Climate Project
Neighborhood activists are banding together to push green projects and legislation.
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Getting Real About Carbon Caps
Why an A energy grade won’t save you from emissions fines
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Problem Solved: How Data Can Guide the Path to Cutting Carbon Emissions
New technology can help boards understand the flood of data and lead them to reduced carbon emissions.
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