New York City is set to fight climate change with a plan that would make thousands of high-rises, like the Empire State Building and Trump Tower, to sharply reduce their greenhouse gas emissions.
The measure, expected to be passed by the City Council on Thursday, would set emission caps for different types of buildings with an aim to achieve 40 per cent reduction in emissions by 2030. Buildings that would fail to meet the limit would face steep fines, the New York Times reported.
The development comes as the US debates merits and necessity of the Green New Deal -- the congressional proposal to tackle climate change and create new high-paying jobs in clean energy industries.
New York and several other states have undertaken a number of initiatives to reduce carbon emissions.
According to the report, buildings are among the biggest sources of greenhouse gas emissions. An inventory of greenhouse gas emissions published in 2017 found that buildings accounted for 67 per cent of the city's emissions.
The legislation is part of a package of bills known as the Climate Mobilization Act.
New York Mayor Bill de Blasio said he would sign the legislation. "It's going to revolutionise our ability to reduce emissions through our buildings, which are really our No. 1 problem."
Many types of buildings were exempted from the caps, including houses of worship and apartment houses with rent-regulated units and other types of affordable housing.
--IANS
soni/pcj
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
