Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Boston Targets Commercial Buildings for Carbon Emission Elimination
The Boston City Council has unanimously approved an ordinance that addresses climate change by requiring all buildings larger than 20,000 square feet to eliminate carbon emissions by 2050, reports NBC Universal Media.
The ordinance applies to about 3,500 commercial and residential buildings, or about 4 percent of structures in the city, according to city officials. It was modeled on similar measures in New York, St. Louis, MO, and Washington, DC, and also establishes fines of up to $1,000 a day.
NAIOP Massachusetts worked with the city on the measure to ensure the interests of Boston’s commercial real estate community were represented. “It’s a great step that the city council has taken,” Anastasia Nicolaou, the group’s vice president of policy and public affairs, told GBH News.
“This is the most transformative thing we have done for climate in Boston’s 400-year history,” added City Councilor Matt O’Malley.
- ◦Policy/Gov't
