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Proposed Changes to Part 375 Remedial Program Regulations: Implications for Real Estate Developers and their Financing Institutions

SPR Law

The public can… The post Proposed Changes to Part 375 Remedial Program Regulations: Implications for Real Estate Developers and their Financing Institutions appeared first on Sive Paget Riesel.

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Greenhouse Gas Emission Disclosures in Real Estate Contracts and Beyond

Greenbuilding Law

In response, both voluntary and mandatory GHG emission disclosures in contracts have emerged worldwide, compelling a broad breadth of business sectors, particularly real estate, to integrate these considerations into their company practices and into their contract documents.

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New Proposed Local Law 97 Regulations Include Penalty Mitigation, Electrification, and Enforcement Provisions

SPR Law

On September 12, 2023, the New York City Department of Buildings (DOB) issued proposed regulations to implement Local Law 97 of 2019 (LL97). LL97 requires most large buildings in NYC to meet increasingly stringent greenhouse gas (GHG) emissions limits starting in 2024.

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New York State Court Holds Upholds Local Law 97

Law Columbia

City of New York , a 2022 lawsuit brought by a group of cooperative apartment and other building owners seeking to invalidate Local Law 97 of 2019 , New York City’s building performance standard to reduce greenhouse gas emissions from the City’s largest buildings. The court holds that the CLCPA does not preempt Local Law 97.

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Mandatory Climate Reporting in Singapore From FY2025

Clean Energy Law

The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies. The Regulations will be introduced in a phased approach in line with the recommendations from the Sustainability Reporting Advisory Committee (SRAC).

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Maryland is the First State to Regulate Carbon

Greenbuilding Law

Maryland has enacted the most rigorous state law in the country reducing greenhouse gas (GHG) emissions and otherwise addressing ESG stewardship including climate change. Many regulations will have to be promulgated to make all of this happen. Many regulations will have to be promulgated to make all of this happen.

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NYC Department of Buildings Releases Proposed Local Law 97 Regulations

SPR Law

On October 6, 2022, the New York City Department of Buildings (DOB) issued proposed regulations to implement Local Law 97 of 2019 (LL97). LL97 requires most large buildings in NYC to meet increasingly stringent greenhouse gas (GHG) emissions limits starting in 2024.