Mount Vernon, NY – Ice Air, a leading provider of innovative HVAC solutions, recently released an informative reference on New York City’s Local Law 97, which demands a 40 percent reduction in carbon emissions by 2030, with the goal of reaching net zero emissions by 2050.
Local Law 97 applies to buildings over 25,000 square feet and covers an estimated 50,000 residential and commercial properties across the city. January 2024 marked the beginning of the law’s first compliance period in the effort to limit annual emissions. Buildings that exceed their annual emissions limit will face severe penalties, starting with a fine of $268 for each metric ton over a building’s 2024 limit.
In addition to detailing the impact of the law, Ice Air’s reference sheet lays out an at-a-glance timeline with important benchmarks for compliance up to the year 2030. With HVAC consuming up to 40 percent of energy in a typical building, it’s more important than ever for building owners and engineers to be aware of energy efficient heating and cooling technologies. Ice Air’s reference sheet emphasizes how the company’s innovative technology and deep knowledge of compliance requirements can help buildings meet New York’s emissions targets.
Ric Nadel, Ice Air Founder and CEO noted, “New York City’s requirements are stringent, and the timeline for compliance can seem intimidating. But with Ice Air’s sus cost-effective solutions, every building owner can meet emissions requirements and lower operating costs too”
“Ice Air is the ideal partner in your property’s decarbonization process,” added Tom Glass, Sales and Marketing Director. “In addition to our state-of-the-art HVAC solutions, we also bring expert knowledge of local building codes and requirements to every project. Our dedicated team of engineers always finds a way, even when project challenges seem insurmountable.”