Governance

Denver comes up with new ordinance to reduce emissions and improve energy efficiency

Published on: 31 December 2021 08:00 AM
by KnowESG
The City of Denver
The City of Denver

A Brief Summary

Colorado's capital, Denver, has recently announced its ordinance requiring all commercial and multifamily buildings to cut down on greenhouse gas emissions to improve energy efficiency, renewable energy, and building electrification has created mixed feelings.

Read Full Article Below

The City Council says Denver is the first to come with the measures for all buildings. The ordinance will help dip in buildings emissions, the city says, reducing them by nearly 80% by 2040. Buildings account for 49% of the city’s greenhouse gas emissions and Denver has a goal of reaching net-zero energy by 2040.

The ordinance was unanimously passed by the Denver city council without any formal opposition and support from the local commercial real estate association, says Axios Denver.

“We occupy this entire building, and we have done everything humanly possible to make it energy sustainable,” Rockmount Ranch Wear Manufacturing Company’s Steve Weil said.

The city said it would support owners of buildings, managers, and then incentives for electrification and support for buildings in communities with fewer resources.

The regulation requires buildings larger than 25,000 square feet to reach 30% energy savings by 2030 and sets interim goals for 2024 and 2027 to check progress. Additionally, the regulation calls for buildings between 5000 and 25,000 square feet to install LED lighting by 2030.

The ordinance was created in response to the Energize Denver Task Force's recommendations. In January, the city will convene a hearing to adopt the regulations' guidelines.

Share:
esg
esg
esg
esg