Building owners who make “good faith” effort to comply with New York City’s climate law would get some slack under proposed rules that environmentalists say will “gut” a city push to fight global warming. Local Law 97 requires about 50,000 large buildings to cut their carbon emissions or face stiff fines. The first round of emission limits under the law takes effect in 2024, and stricter rules .
The Administrator of the United States Environmental Protection Agency (“EPA”) issued a February 22nd Order Granting In Part and Denying In Part two Petitions objections to the issuance.
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