New York City not pursuing cap-and-trade for building sector GHG goals

Published 18:52 on September 20, 2022  /  Last updated at 18:52 on September 20, 2022  / William Koblensky Varela /  Americas, US

New York City's plan to rapidly slash emissions from its buildings will not include a cap-and-trade option, even as a study required by the Big Apple’s climate law showed benefits of adopting such a mechanism, according to municipal government documents.
New York City's plan to rapidly slash emissions from its buildings will not include a cap-and-trade option, even as a study required by the Big Apple’s climate law showed benefits of adopting such a mechanism, according to municipal government documents.


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