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Carbon trading could come to New York City under Local Law 97

(Photo illustration by The Real Deal) The year is 2030. New York City landlords, struggling to comply with city-mandated greenhouse gas emission caps, are on the hook for millions of dollars in fines penalties that will only multiply in the coming years. This is the daunting reality that building owners face under Local Law 97. But there is a possible workaround. The city is considering a program that will allow building owners to trade carbon emissions. If implemented, landlords who own buildings with high greenhouse gas emissions will be able to buy credits from lower-emitting building owners to reduce overall emissions. It could also give rise to a market for Wall Street to tap into.

Carbon trading could come to New York City under Local Law 97

Carbon trading could come to New York City under Local Law 97
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Business booming in Summers County

That’s admirable growth, especially during a pandemic, but those numbers pale in comparison to Summers County. Again: Perhaps there’s something in the water? “I don’t know if there’s something in the water,” said Cris Meadows, Hinton’s city manager, “but there’s definitely an entrepreneurship attitude in our community. We’ve got people opening businesses and sometimes it’s their first business, sometimes it’s an extension of their first business. That’s really been a positive thing for us.” The growth in Summers County has been consistent. The county has led the state or been within close proximity of the top spot in each of the past 14 months. A total of 57 new businesses have registered with the Secretary of State’s Office since Jan. 1, 2020.

The National Park Foundation Honors Asian American and Native Hawaiian/Pacific Islander Heritage Month Through the Lens of National Parks

The National Park Foundation Honors Asian American and Native Hawaiian/Pacific Islander Heritage Month Through the Lens of National Parks News provided by Share this article Share this article WASHINGTON, May 14, 2021 /PRNewswire/ Asian Americans, Native Hawaiians, and Pacific Islanders have shaped the history of the United States and the world at large for thousands of years, with rich heritage and cultural traditions. National parks across the country highlight the contributions of Asian Americans, Native Hawaiians, and Pacific Islanders, and visitors today continue to bring their own experiences and stories to our national parks. Hawai‘i Volcanoes National Park Photo: NPS/Jacob W. Frank

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