News & Analysis as of

Carbon Emissions Real Estate Development Climate Change

Harris Beach Murtha PLLC

NYC Large Building Owners May Owe Compliance Reports by May 1, 2025

New York Local Law 97 (“LL97”) is a landmark piece of climate legislation enacted as part of New York City’s broader Climate Mobilization Act. Passed in 2019, LL97 aims to drastically reduce greenhouse gas emissions from...more

Mayer Brown

Offices: Repurpose or Retrofit – Where Are We Today?

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The office market was thrown into turmoil in the post-pandemic shift towards flexible working. Businesses battled with uncertainty over the future of the workplace and whether big glossy office spaces would become obsolete in...more

Goulston & Storrs PC

Boston Accelerates Net Zero Carbon

Goulston & Storrs PC on

Last week, the Boston Zoning Commission adopted Net Zero Carbon (NZC) zoning. As addressed in our 2021 and 2023 advisories, this completes a three-part decarbonization strategy, along with the Specialized Energy Code and the...more

Lowenstein Sandler LLP

Going and Staying Green: Sustainability in Real Estate

Today on “Terra Firma: Conversations on Commercial Real Estate,” Stacey C. Tyler and Zachary L. Berliner talk with Alex Lassiter, the CEO and founder of Greenplaces, which helps businesses navigate the complexities of carbon...more

BCLP

Energy Performance of Buildings Regime - MHCLG and DESNZ Set Out Ambitious Targets in a New Consultation Building on the Previous...

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The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which...more

Perkins Coie

City’s Greenhouse Gas Emissions Threshold for Delivery Warehouse was Supported by Substantial Evidence

Perkins Coie on

The court upheld a mitigated negative declaration for a parcel delivery warehouse project, finding, among other things, that the threshold of significance and baseline used in preparing the MND were supported by substantial...more

BCLP

RICS Sustainability Report 2023: More Progress Required to Achieve Carbon Net Zero Goal

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In this Insight, first published in PLC, Freya Scott discusses the RICS Sustainability Report 2023, considers some of the barriers to achieving the carbon net zero goal by 2050 and what can be done to overcome these. ...more

Foley Hoag LLP - Energy & Climate Counsel

City of Cambridge Passes Ambitious Net Zero Building Ordinance

On June 26, 2023, the Cambridge City Council voted to amend the city’s Building Energy Use Disclosure Ordinance (BEUDO) to require large non-residential buildings to reach net zero greenhouse gas emissions by 2035 and...more

BCLP

From Brown to Green: Financing Real Estate Decarbonisation - Energy Efficiency Series - Part 3

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Across the real estate sector, the discussion has often focused on “green” development such as building carbon neutral real estate. Many traditional lenders have also focused their sustainability initiatives on financing...more

Goulston & Storrs PC

Boston Initiatives Reduce Greenhouse Gas Emissions

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The City of Boston is advancing three companion regulatory efforts to reduce greenhouse gas emissions for medium-sized and large buildings. As addressed in our 2021 advisory, the Boston Emissions Reduction and Disclosure...more

BCLP

Greening Real Estate - Where are we now? - Energy Efficiency Series - Part 1

BCLP on

Against the ambitious backdrop set by the Paris Climate Agreement to reach net-0 by 2050, there is a clear drive by corporations to move forward on their environmental, social and governance (ESG) or sustainability...more

Cadwalader, Wickersham & Taft LLP

Local Law 97 Compliance Deadline Looming: ‘One Way or Another – This Darkness Got to Give’

Compliance deadlines for Local Law 97 of 2019 are steadily approaching, with the first reporting date being May 1, 2025, at which time owners of buildings covered by the law will be required to report compliance with the...more

Vinson & Elkins LLP

[Webinar] Real Estate Opportunities in the Energy Transition - May 11th, 12:00 pm - 1:00 pm CT

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Global real estate accounts for over 20% of greenhouse gas emissions and approximately 40% of the world’s energy consumption. As a result, the transition to a low-carbon global economy must include efforts to decarbonize the...more

Vinson & Elkins LLP

Real Estate Opportunities in the Energy Transition

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Much has been said about the need for countries and companies to build a low-carbon global economy. Multiple estimates of the amount of capital that will be needed to fund the energy transition over the next several decades...more

Jones Day

French Regulations Foster a More Climate-Compatible Building Industry

Jones Day on

As of January 1, 2022, new French environmental regulations ("RE2020") are coming into force, replacing the former thermic regulations ("RT 2012"). RE2020 creates new rules for the energy, environmental, and health...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - January 2022 #3

Habitat for Humanity builds the nation’s first 3D-printed house, the White House announces infrastructure spending plans for 2022, commercial real estate firms are left to determine their vaccination mandates, and more....more

BCLP

The role of planning in the fight against climate change

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Planning legislation has been framed over many years to grapple with climate change and there is no doubt that there is real impetus at all levels of development to ensure that climate targets are met. In this blog we discuss...more

Goulston & Storrs PC

Boston Requires Carbon Neutrality for Existing Buildings

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Furthering the aims of Boston’s 2019 Climate Action Plan, which identified large buildings as major carbon emitters, Boston City Council amended the Building Energy Reporting and Disclosure Ordinance (BERDO) to require all...more

Latham & Watkins LLP

UK Net Zero Strategy: Understanding the Impact on Key Sectors

Latham & Watkins LLP on

The strategy sets out plans to reduce emissions from key sectors of the UK economy to ensure that the UK remains on track for net zero by 2050. On 19 October 2021, the UK government published its climate change strategy,...more

Holland & Knight LLP

Boston Passes Ambitious Ordinance Targeting Zero Emissions for Large Buildings by 2050

Holland & Knight LLP on

Boston Acting Mayor Kim Janey signed an Ordinance Amending City of Boston Code, Ordinances, Chapter VII, Sections 7-2.1 and 7-2.2, Building Energy Reporting and Disclosure (BERDO 2.0) into law on Oct. 5, 2021. The amended...more

Farrell Fritz, P.C.

NYC Climate Mobilization Act – Relief in Sight?

Farrell Fritz, P.C. on

Local Law 97 of New York City’s Climate Mobilization Act (the “Act”) is the City’s aggressive greenhouse gas emission reduction plan for buildings.  The City has published figures indicating that approximately 70% of...more

Mayer Brown

Scaling Voluntary Carbon Markets: Taskforce Releases Core Carbon Principles and Roadmap

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Over 1,000 firms have made either indicative or concrete pledges to align their greenhouse gas emissions with the Paris Agreement—which means reducing emissions to zero by 2050....more

Hogan Lovells

A change in the wind? Heathrow expansion policy ruled unlawful in victory for climate campaigners

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The Court of Appeal returned a ruling on 27 February 2020 that the UK government's policy statement which included the government's approval of the Heathrow expansion was unlawful because it did not consider the impact of the...more

Hogan Lovells

What Is Net Zero Carbon?

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The issue of climate change couldn’t be more topical. But what is “net zero carbon”? Is it just another buzzword and what does it really mean? The UK Green Building Council has this week published its Framework Definition on...more

King & Spalding

New York City and Los Angeles Require New Building Standards to Address Climate Change

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New York City and Los Angeles have announced unprecedented plans to address climate change with an emphasis on greenhouse gas emissions from large buildings. New York City enacted a legislation package requiring certain...more

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