1. Curbing Climate Change: Transportation is a major culprit behind climate change, responsible for a whopping 30% of greenhouse gas emissions globally. Replacing gas-guzzling vehicles with clean electric alternatives powered by renewable energy sources like solar and wind is crucial to tackling this crisis.

2. Breathing Easier & Living Healthier: Emissions from gasoline cars significantly contribute to air pollution, harming our health and the environment. Widespread adoption of EVs can dramatically improve air quality, leading to:

• Reduced respiratory illnesses like asthma and bronchitis
• Fewer heart problems
• Improved cognitive function, especially in children

3. Energy Independence & Security: Fossil fuels are a finite resource and their prices can be volatile due to geopolitical factors. Transitioning to EVs powered by domestic renewable sources like solar and wind can:

• Strengthen energy independence and reduce reliance on foreign oil
• Boost energy security and create new jobs in clean energy sectors
• Stabilize fuel prices and protect consumers from future oil shocks

By promoting the use of electric vehicles, we can pave the way for a cleaner, healthier, and more secure future for all.

What is Local Law 97?

Local Law 97 is a climate change legislation passed by the New York City Council in April 2019 as part of the Climate Mobilization Act. It aims to reduce greenhouse gas emissions from large buildings, which are a significant contributor to the city's overall carbon footprint.

Under Local Law 97, buildings larger than 25,000 square feet must meet specific carbon emissions limits based on their occupancy group, which is determined by the building's use and occupancy. The emissions limits will be enforced starting in 2024 and will become increasingly stringent over time. Buildings that exceed the limits will face significant fines.

The law also provides incentives for building owners to implement energy efficiency measures, such as installing insulation, upgrading HVAC systems, and adding renewable energy sources. These measures can help buildings meet the emissions limits and reduce energy costs.

Local Law 97 is considered one of the most ambitious climate change laws in the United States, and it is expected to have a significant impact on the city's real estate industry and carbon emissions. The law aims to reduce New York City's carbon emissions by 40% by 2030 and 80% by 2050, compared to 2005 levels.