The Mayor's announcement comes on the heels of the City Council legislative package called the Climate Mobilization Act, the centerpiece of which is an emissions cap on buildings 25,000 square feet and up -- houses of worship and rent controlled and affordable housing excepted -- compelling landlords to retrofit their buildings beginning in 2024 or face hefty fines. The legislation aims to slash buildings' GHG emissions -- which currently account for almost 70 pct of the citywide total -- by 40 pct in 2030 and 80 pct by 2050.
OneNYC 2050 leverages and expands on that bill by banning construction of energy inefficient, glass-facade structures touches on pre-existing plans to shore up the city's defenses against climate change related natural disasters and storms. Mayor De Blasio projects these initiatives will cost the city roughly $14 billion. (Source: NYC, Various Media, Waste360, April, 2019)
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