Local Law 97 of 2019, also known as the Climate Mobilization Act, is an ambitious piece of legislation passed by the New York City Council to reduce carbon emissions in New York City. The law sets a cap on the amount of greenhouse gas emissions allowable for buildings over 25,000 square feet. Buildings that exceed the cap must reduce their emissions or face fines from the City. The law aims to reduce emissions by 40% by 2030.
Achieving compliance with the best Local Law 97 can be achieved through a variety of methods. Buildings must first assess their current energy use and identify areas where energy efficiency can be improved. This includes upgrading to more efficient lighting and HVAC systems, installing energy efficient appliances, and taking other steps to reduce the building’s overall energy usage.
In addition, buildings can purchase carbon offsets or renewable energy credits to offset their emissions. Carbon offsets are a way of reducing emissions by investing in projects that reduce emissions elsewhere, such as renewable energy projects.
Renewable energy credits are a way of supporting renewable energy projects in place of fossil fuels, such as wind and solar power. This can lead to improved air quality, reduced health risks, and a more sustainable city overall.