Mayor’s Carbon Challenge September 2013

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In 2007, Mayor Bloomberg released a comprehensive sustainability plan to create a greener, greater New York City.

The 2011 Update focuses on 10 issues:

Parks and Public Space

Brownfields

Housing and Neighborhoods

Water Supply

Waterways

Energy

Transportation

Air Quality

Climate Change

Solid Waste

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Buildings dominate New York City’s carbon footprint.

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BROAD: The Greener, Greater Buildings Plan

• Will reduce almost 5% of citywide GHG emissions

• www.nyc.gov/ggbp

NEW: NYC Green Codes Task Force

• 111 proposals to green local codes, with 51 reducing energy use in buildings

• www.nyc.gov/gctf

DEEP: 30x17 and Mayor’s Carbon Challenge

• Accelerated sectors to achieve 30% GHG emissions reduction in 10 years

• www.nyc.gov/html/gbee/html/public/ghg.shtml

• www.nyc.gov/carbonchallenge

New York City has three major energy efficiency policies.

30x17 4

Background:

2007: 17 leading universities accepted the Challenge.

2008: 40 Broadway theatres pledged to green their productions.

2009: The 11 largest hospital systems accepted the Challenge.

Together, these universities and hospitals account for 3.5% of

emissions in NYC.

Hospitals

• Continuum Health Partners

• New York City Health and

Hospitals Corporation

• Lutheran Medical Center

• Maimonides Medical Center

• Memorial Sloan-Kettering

Cancer Center

• Montefiore Medical Center

• Mount Sinai Medical Center

• New York Hospital Medical

Center Queens

• New York Presbyterian Medical

Center

• North Shore – Long Island

Jewish Health System

• NYU Langone Medical Center

Universities

• Barnard College

• Berkeley College

• City University of New York

• Columbia University

• The Cooper Union

• Fashion Institute of Technology

• Fordham University

• The New School

• NY School of Interior Design

• New York University

• Pace University

• Polytechnic Institute of NYU

• Pratt Institute

• The Rockefeller University

• School of Visual Arts

• St. John’s University

• Weill Cornell Medical College

Universities and Hospitals

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Progress:

• Universities cut emissions by 13% in five years.

• Hospitals cut emissions by 6% in three years.

• Five participants reached the 30% goal.

-40%

-35%

-30%

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

Change in Emissions per Square Foot

Mayor’s Carbon Challenge Goal

Base year emissions per square foot

Hospitals Universities

Together, the five “Early Achievers”:

• Removed 86,000 metric tons of CO2e last year.

• Are saving $20 million in energy costs annually.

Universities and Hospitals

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The Five Early Achievers: There are many pathways to 30%

Universities and Hospitals

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Expanding the Program: Mayor’s Carbon Challenge to Commercial Offices

• Last week, 10 global corporations with office space in NYC accepted the Challenge.

• Together, these companies make up about 17 million ft2 of office space in NYC and employ more than 70,000 New Yorkers.

Co-Ops and Condos

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Commercial Offices:

• JetBlue • Google • JP Morgan Chase • Goldman Sachs • Deutsche Bank • Credit Suisse • Bloomberg LP • BlackRock • PVH Corp • AIG

Expanding the Program:

Mayor’s Carbon Challenge to Residential Co-Ops and Condos

Why Co-Ops and Condos?

1. Residential buildings account for 37% of NYC’s emissions.

2. There are 10,000 co-ops and condos in NYC, which make up more than 650 million ft2.

3. Fragmented decision-making has stalled energy efficiency projects in the past, but ownership structure allows for direct energy cost-savings to unit owners.

Who should participate?

• Property management firms with many co-op and condo properties

• NYC’s largest self-managed co-ops and condos

• A mix of early adopters and new beginners

Co-Ops and Condos

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Structure of the Program

• Property management firms and co-op and condo buildings co-sign to join the Challenge

• Property management firms track emissions from each building with inventory calculator tool

• Property management firms work with buildings to create an emissions reduction strategy using the Climate Action Plan template

• Participants are invited to attend regular partner meetings

• Property management firms meet with Mayor’s Office staff annually

• Participants may join working groups as needed

• Participants gain access to technical assistance and receive promotion and recognition

0.000

0.020

0.040

0.060

0.080

0.100

0.120

0.140

0.160

0.180

0.200

2005 2006 2007 2008 2009 2010 2011 2012

MM

BTU

/ s

quar

e fo

ot

Energy Intensity by Fuel Type (MMBTU / sq. ft.)

#6 Oil

#4 Oil

#2 Oil

Steam

Propane

Natural Gas

Electricity

Participants track emissions and plan an emissions reduction strategy using tools from the Mayor’s Office and NYSERDA.

Co-Ops and Condos

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Benefits of the Program Build on energy efficiency measures required by existing laws and initiatives

Co-Ops and Condos

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Retrofits necessary for resiliency can be combined with upgrades for energy efficiency

Projects such as cogeneration can achieve both climate resilience and emissions reductions

LL84 & LL87 require all buildings >50,000 sq ft to benchmark energy use and conduct audits & retro-commissioning

Data used to benchmark is used for

emissions tracking

Audits help identify energy efficiency upgrades and retro-commissioning provides energy savings

All No. 6 heating oil will be phased out by July of 2015 and all new systems are required to convert to No. 2 oil or natural gas

Converting to No. 2 oil with biodiesel blend or natural gas yields significant emissions reductions

The NYC Clean Heat program is here to help with financial incentives and technical barriers

Mayor’s Carbon Challenge Goal

Hurricane Sandy Recovery

Co-Ops and Condos

• Cost of retrofits after NYSERDA incentives: $700,000

• Resulting energy savings per year: $300,000

• Simple payback : 3 years

• First year return on investment (ROI): 32%

Compare to market returns on:

• Stock market over past 25 years: ~10.5%

• Current Investment Grade Bond Index: ~3.2%

• 10-Year US Treasuries: ~1.8%

• 2-Year Bank CD Rate: ~0.2%

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Investments in energy efficiency yield competitive returns

NYSERDA Case Study: $1 million retrofit project in a market-rate co-op

Source: NYSERDA and © 2013 IntelliGreen Partners, LLC

Benefits of the Program Save money, reduce maintenance fees, and increase property values

High-performance buildings increase resident comfort Cleaner energy use reduces local air pollution

Co-Ops and Condos

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Benefits of the Program Improve resident satisfaction and demonstrate superior management capacity

Benefits of the Program Participate in a collaborative forum and gain access to technical resources

Technical Advisory Group

Working Groups Co-Op and Condo

Partners

Office of Long-Term Planning and Sustainability

(OLTPS)

Technical Advisory Group: NYSERDA, NYCEEC, Urban Green Council, NYC Clean Heat Program and representatives from leading engineering and consulting firms

Co-Ops and Condos

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Press announcement

Mayor’s Office website

Social media

Marketing materials

Co-Ops and Condos

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Benefits of the Program Receive promotion and recognition for achievements

Co-Ops and Condos

Pathways to 15-30% Reductions in Emissions Post-War, No. 6 Fuel Oil Co-Op

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Co-Ops and Condos

Pathways to 15-30% Reductions in Emissions Pre-War, Natural Gas Co-Op

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Co-Ops and Condos

Pathways to 15-30% Reductions in Emissions Post-War, District Steam Co-Op

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Any Questions?

Jenna Tatum Mayor’s Carbon Challenge Coordinator

NYC Mayor’s Office of Long-Term Planning and Sustainability

212.676.0058

jtatum@cityhall.nyc.gov

253 Broadway, 10th Floor

New York, NY

Co-Ops and Condos

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