Greener Buildings Would Slash NYC's Energy Use, Report Says

Law360, New York (August 3, 2012, 4:01 PM EDT) -- New York City could cut its energy consumption by 18 percent if the least green buildings reached just the middle level of efficiency, according to a report released Friday as part of an effort to encourage building upgrades that many owners and developers have resisted due to related costs.

Energy usage varies widely within the same classes of buildings, with the most inefficient buildings using up to five times more energy than those with less usage, according to the “benchmarking” report from the Office of Long-Term...
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