Carbon Trading for NYC’s Buildings Sector

Between January 2020 and June 2021, the Guarini Center led a team of researchers to study whether New York City should adopt a carbon trading program for its buildings pursuant to its landmark climate law, Local Law 97 of 2019. The study, which was the first rigorous assessment of Local Law 97, brought together researchers from various centers across New York University, including the Furman CenterMarron Institute, and Institute for Policy Integrity, as well as several private sector consultancies including The Brattle Group and HR&A Advisors.

A press release and executive summary are also available.

Categories: Policy Paper
Tags: Buildings, Cities
Author: Adalene Minelli, Danielle Spiegel-Feld, Katrina Wyman, Sara Savarani
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