Summary
Local Law 97, passed by the City Council in April 2019, requires the city to study the feasibility of carbon trading among NYC’s buildings as a potential compliance mechanism, and to ensure equitable investment in and benefits for environmental justice communities.
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It also establishes building emission limits until 2050, achieving a total reduction of 80%.
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Building owners must submit a report each year showing their calculated limit and carbon emissions, and those with alternate compliance options can perform prescriptive, non-capital-intensive measures in lieu of meeting the emissions limit.
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The city-sponsored NYC Accelerator provides free technical assistance to help owners comply with LL97.
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Summary
Local Law 97 requires that the city perform a study on the feasibility of carbon trading among NYC’s buildings as a potential compliance mechanism. The study must include methods to ensure equitable investment in and benefits for environmental justice communities.
All About Local Law 97 | Urban Green Council
urbangreencouncil.org
Local Law 97 (LL97) compliance begins in 2024, but implementing energy management strategies for your multifamily properties doesn’t happen overnight, so the time to plan is now. It’s a good…
Planning Ahead for Local Law 97 - NYSERDA
ny.gov
Summary
Local Law 97 (LL97) in NYC requires building owners to meet carbon emissions limits, which are set by the Climate Mobilization Act. Buildings must submit a report each year showing their calculated limit and carbon emissions for the previous year, and those with alternate compliance options can perform prescriptive, non-capital-intensive measures in lieu of meeting the emissions limit. Bright Power provides a timeline to help building owners and operators stay up to date with the important deadlines that will impact them in the coming years.
Local Law 97 (LL97) in NYC: What is it and how to comply - Bright Power
brightpower.com
In 2019, New York City enacted Local Law 97 to drive deep emissions cuts from buildings, which are responsible for two-thirds of NYC’s greenhouse gasses. The law places carbon caps…
Local Law 97 - Urban Green Council
urbangreencouncil.org
