Archive for October 2020
NYC Issues Proposed Property Assessed Clean Energy (PACE) Loan Regulations
In late October 2020, the New York City Department of Finance issued proposed regulations to implement a Property Assessed Clean Energy (“PACE”) loan program in NYC to provide targeted loans with favorable terms to building owners for installation of systems designed to reduce energy use and carbon emissions. The deadline to submit comments on the…
Read MoreNYC Buildings Receive Their First Energy Efficiency Grades
On October 1, 2020, buildings over 25,000 square feet in New York City received their first energy efficiency grades from the City Department of Buildings (“DOB”). Buildings must post the grade “in a conspicuous location near each public entrance to such building” by October 30, 2020. Failure to do so will result in a fine…
Read MoreCouncil on Environmental Quality’s New NEPA Regulations: An Analysis
On September 14, 2020, the Council on Environmental Quality’s (“CEQ”) Final Rule overhauling its regulations implementing the National Environmental Policy Act (“NEPA”) became effective. The Final Rule represents the first comprehensive revision of the NEPA regulations since their initial issuance in 1978, and introduces process-based and substantive changes to the NEPA regulations, codifies existing case law and…
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