NYC Introduces $14B Sustainability Plan
Earlier this week New York City Mayor Bill de Blasio introduced what’s being billed as the city’s “Green New Deal,” a $14 billion plan that is aiming to reduce the city’s greenhouse emissions by 30% by 2030.
The plan is outlined in a report titled “OneNYC 2050: Building a Strong and Fair City.”
"Every day we wait is a day our planet gets closer to the point of no-return. New York City's Green New Deal meets that reality head on," said de Blasio. "We are confronting the same interests that created the climate crisis and deepened inequality. There's no time to waste. We're taking action now, before it's too late."
What’s in the Plan?
The plan looks at numbers from 2005 and described several initiatives that will reduce emissions by various percentage points from those numbers.
Following the 2005 baseline, this plan is slated to cut in the following ways:
“Previous actions taken by the de Blasio administration, such as phasing out dirtier heating oil, have already resulted in a 5% reduction,” according to the city’s press release.
“The total reduction secured through actions of the de Blasio administration will reach 28%. When added to reductions made under the prior administration, New York City will reach a total emissions reduction of 40% by 2030 and putting ourselves on track for full carbon neutrality by 2050.”
There are two major parts of the initiative that impact the building and construction industry. Those include:
De Blasio had been quoted in several outlets as just saying that the latter point was a “ban on all new glass buildings, but Mark Chambers, director of the Mayor’s Office of Sustainability, clarified in an interview that the new policy aims to enforce stringent sustainability goals for buildings that plan to incorporate large amounts of glass facades.
“If a company wants to build a big skyscraper,” he said, “they can use a lot of glass if they do all the other things needed to reduce the emissions.”