Equilibrium/Sustainability — NYC real estate races to curb carbon emissions ...Middle East

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New York developers are scrambling to curb big-building carbon emissions, as a deadline to clean up the city’s towering real estate gradually approaches. Amid escalating temperatures, extreme weather conditions and rising seas, the city council passed a law in 2019 aimed at slashing the greenhouse gas emissions that are responsible for climate change, The New York Times reported. The main purpose of the law is to set limits for large buildings, as the city’s million properties collectively generate almost 70 percent of its carbon emissions, according to the Times. That’s because most of the energy that provides heating, cooling and lighting comes from fossil fuels. There are now ju

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