Yesterday, the New York City Council passed legislation to require the reduction of greenhouse gas emissions throughout the city. The legislation, which is knows as the Climate Protection Act, is meant to strengthen PlaNYC 2030, the mayor's plan to green New York, by putting the force of law behind its goal to reduce the city's emission of greenhouse gases. The bill establishes benchmarks that the city must reach, including a 30 percent reduction in emissions made by city operations by 2017 and a 30 percent reduction in emissions citywide by 2030. The bill requires annual emission inventories and reports, as well as public education and outreach programs.
PlaNYC 2030, New York City's ambitious plan to green the city in the next two decades, was released by the Office of the Mayor earlier this year. Several components of this plan, including property tax abatement for certain green elements, have direct implications to homeowners in the city. A few things to keep in mind when buying or renovating:
Energy Efficiency
New York City is completing its first major revision
to the building code in nearly 40 years, with adoption expected in this summer. The new code will include a number of green elements, including rebates for some green building features, requirements for cool (white) roofs and energy code certification, and more stringent ventilation standards. The City also plans to create a property tax abatement for solar panel installations.
Air Quality
As part of an initiative to reduce the emissions of greenhouse and other harmful gases, the City plans to waive its sales tax on the cleanest, most efficient vehicles. It will also lower the maximum sulfur content in heating fuel from 2000 ppm (parts per million) to 500 ppm.
Green Roof Incentives
Starting this year, New York City will also begin providing incentives for green roofs. The City is enacting a property tax abatement to off-set 35% of the installation cost of a green roof. Through this program, the City expects to reduce energy use (green roofs are insulating) as well as storm-water runoff. The pilot incentive will sunset in five years, so get those green roofs built!
To learn more about this initiative, go to the PlaNYC2030 website.
PlaNYC 2030, New York City's ambitious plan to green the city in the next two decades, was released by the Office of the Mayor earlier this year. Several components of this plan, including property tax abatement for certain green elements, have direct implications to homeowners in the city. A few things to keep in mind when buying or renovating:
Energy Efficiency
New York City is completing its first major revision
to the building code in nearly 40 years, with adoption expected in this summer. The new code will include a number of green elements, including rebates for some green building features, requirements for cool (white) roofs and energy code certification, and more stringent ventilation standards. The City also plans to create a property tax abatement for solar panel installations.
Air Quality
As part of an initiative to reduce the emissions of greenhouse and other harmful gases, the City plans to waive its sales tax on the cleanest, most efficient vehicles. It will also lower the maximum sulfur content in heating fuel from 2000 ppm (parts per million) to 500 ppm.
Green Roof Incentives
Starting this year, New York City will also begin providing incentives for green roofs. The City is enacting a property tax abatement to off-set 35% of the installation cost of a green roof. Through this program, the City expects to reduce energy use (green roofs are insulating) as well as storm-water runoff. The pilot incentive will sunset in five years, so get those green roofs built!
To learn more about this initiative, go to the PlaNYC2030 website.
Posts
0 comments:
Post a Comment