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Arguably the most interesting part of the New York City package isn’t the cap. It’s the trade—or, rather, the potential for it. Right now North Am
New York City’s ambitious Climate Mobilization Act will require large buildings, including co-ops and condos, to reduce building carbon emissions 40 percent by the year 2030.
New York City’s new laws aimed at reducing the city’s carbon emissions over the next two decades could cost landlords about $20B, according to new analysis.
Two months ago the City Council mandated some of the most ambitious carbon-cutting goals in the country when it passed a package of laws that will require large buildings here to cut their emission
The nonprofit Urban Green Council has announced a global partnership with green councils in Hong Kong, London, Singapore, and Toronto to explore carbon trading as a way for buildings to comply with