The rule was not revised to: remove the decarbonization plan pathway for good faith efforts; further restrict the use of Renewable Energy Credits; or extend the deadlines for compliance. The decarbonization plan requires work at the building level during the first compliance period. This pathway places building owners on a path to compliance by requiring them to demonstrate long-term planning to reach carbon-neutrality by 2050, achieving on-site emissions reductions by 2026, and demonstrating progress towards 2030 compliance by 2028. DOB sees this option as an important driver of building emissions reduction mobilization. (Page 5)
In other words, no change. You need to hire a specialist or be penalized $10,000 after May 1, 2025!
NYC’s website on Local Law 97.
Vote Danniel Maio by November 7, 2023
