New York City buildings have achieved 100 percent compliance with Local Law 43, a part of the overall Greener, Greater Buildings Plan put in place in 2009 to improve the energy efficiency of existing buildings and reduce the city’s carbon footprint over time. LL43 requires that buildings phase out No. 6 heating oil in favor of cleaner grades of fuel or natural gas.
On August 16, 2010, former Mayor Michael R. Bloomberg signed Local Law 43, which requires that all buildings in New York City convert to cleaner grades of heating oil, either No. 4 or No. 2, and eventually phase out their use to natural gas. By 2015, all existing boilers that are currently burning No. 6 oil were required to convert to cleaner fuels like No. 4 oil temporarily (or directly to No. 2 oil or natural gas, or both).
By 2030, all properties are scheduled to convert to No. 2 oil or natural gas, or a combination of both, known as “dual fuel.”
Local Law 43 also mandates sulfur content in heating oil No. 4 had to be reduced in half from 3,000 ppm (parts per million) to 1,500 ppm. Additionally, all heating oil today must contain 2 percent biofuel.
Reduce Greenhouse Gases
One of the main components of the city’s plan, according to Patrick Love, who spoke at Argo Real Estate’s Argo University for Boards on February 25 at the Hotel Beacon, was that New York City is aiming for a 40 percent reduction in greenhouse gases by 2030 and an 80 percent reduction by 2050.