NYC Local Law 97 (LL97) places a carbon cap onbuildings over 25,000 sq.ft. This is part of the City’s aggressive Climate Mobilization Act aimed at reducing energy usage and greenhouse gas emissions.
Building owners face penalties of $268 per metric ton over their emissions limit, per year. The first emissions limit goes into effect in 2024. Thereafter, an additional 40% reduction in is required by 2030.
How to Comply:
Step 1: Send us a list of your buildings to determine your upcoming deadlines.
Step 2: Complete the enrollment process by submitting your signed agreement.
Step 3: Sit back and enjoy a stress-free life free from worrying about missing another deadline or paying another City fine (for not complying)
Need a demo of VertPro? Sign up for a free webinar to learn how your portfolio will remain in compliance and what actions you need to take.