New Philly Rule Requires Buildings To Report Energy Efficiency

Law360, New York (June 21, 2012, 8:17 PM EDT) -- The Philadelphia City Council unanimously endorsed a new rule Thursday that would require owners and tenants of large commercial spaces in the city to record their electricity and water usage in an online government database that tracks building energy efficiency.

Under amended ordinance 120428, which cleared the city council by a vote of 17-0 on Thursday afternoon, commercial buildings or commercial spaces in mixed-use structures that measure more than 50,000 square feet must report consumption statistics annually using the U.S. Environmental Protection Agency’s Portfolio Manager system,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.