Environmental
In New York, the 'Climate Mobilization Act' (Local Law 97) penalties for buildings that exceed emission caps are calculated as:
A$268 per metric ton of CO2 equivalent over the limit per year✓ Correct
BA flat $10,000 fine per year
CA percentage of the building's assessed value
DBased on the number of units in the building
Explanation
Under NYC Local Law 97, buildings that exceed their annual greenhouse gas emission caps face a penalty of $268 per metric ton of CO2 equivalent above the applicable limit, incentivizing building owners to reduce emissions through energy efficiency and clean energy measures.
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