The Empire Building Challenge has two chief economic benefits: New York could become a global leader in scalable low-carbon retrofits for big buildings, and generate thousands of green jobs in the process. Opportunities to get retrained and transition into green collar jobs are coming. But how many jobs could these retrofits create and what skills will new recruits need?
Mandyck’s experience speaks to how the ongoing revolution in sustainable building technologies — better energy efficiency, measuring energy usage and even carbon emissions, and electrifying heat and air conditioning systems — requires increased investment in both technology and education.
“We understand that this is costly,” says John Mandyck, CEO of the Urban Green Council, which advocated for Local Law 97. “But we’re doing this for a reason. We’re doing it to protect our city from the impacts of climate change.”
The Real Deal caught up with Urban Green CEO John Mandyck to discuss New York’s milestone climate policy, climate tech’s potential to create healthier and more equitable neighborhoods and Urban Green’s vision for a market to trade carbon credits.