![]() Having deemed the pilot a success, CarbonQuest is now installing its decarbonization technology into another five of Glenwood’s multifamily New York properties: The Fairmont at 300 East 75th Street, The Paramount Tower at 240 East 39th Street, The Bristol at 300 East 56th Street, The Barclay at 1755 York Avenue, and The Somerset at 1365 York Avenue. This modular system, installed in the building’s parking garage, took up the equivalent of just three parking spaces.Īt the time of that installation, CarbonQuest’s CEO Shane Johnson said the system was expected to eliminate about 25 percent of the building’s annual carbon dioxide emissions with zero interruption to tenants, with the longer-range goal of cutting between 60-70 percent of the building’s emissions. For New York City, the future is a green one.In early 2022, the developer and property manager Glenwood Management, working with CarbonQuest, which specializes in turnkey solutions to reduce CO 2 emissions from buildings, initiated what was touted as the first commercially operational building carbon capture on the market, at Glenwood’s 30-story 377,564-sf 232-apartment Grand Tier building at 1930 Broadway in New York City, which opened in 2005. New York City Mayor Eric Adams says his administration is committed to these climate goals, and efforts to delay the fines have garnered little support. With buildings producing an estimated 30 percent of New York’s greenhouses gas emissions, the need to electrify these buildings and build out ever more green energy solutions becomes clearer every day. This means hotter cities and buildings need even more energy to keep things cool. “It seeks to put them somewhere else.”Īll of this is made harder by the fact that super dense cities create what’s known as an urban heat island effect, according to the United Nations’ Intergovernmental Panel on Climate Change (IPCC). “Carbon capture doesn’t actually reduce emissions,” an environmental lawyer told. While certainly better than nothing, it’s unclear if this kind of carbon capture technique will be approved by the city, and critics say that these buildings should instead be investing in electrification as the law intended. Iceland's Radical Plan to Fight Climate ChangeĬarbonQuest says this technology effectively captures 60 percent of the building’s CO 2 emissions.Other buildings have used the CO 2 to create anything from carbonated beverages to soap. ![]() Now in liquid form, the CO 2 is then immediately loaded into a nearby truck that eventually delivers its liquified cargo to a Brooklyn-based concrete manufacturer. Then, it compresses and cools that CO 2 to about -10 degrees Fahrenheit. CarbonQuest, a company which makes a system that can be built in the basement of any skyscraper, tells that “this type of solution can be installed quickly, cost-effectively and without a major disruption”-music to the ears of any building owners hoping to avoid paying out big fines.ĬarbonQuest’s particular system, which only takes up about two parking spaces (a bigger deal in notoriously cramped NYC but still pretty small), uses a special material to separate carbon dioxide from other gases expelled by the boiler. While the goal of Local Law 97 is for oil- and natural gas-guzzling skyscrapers to convert to electrification, some buildings are taking a different approach by investing in carbon capture technology. New York isn’t the only city taking a hard stance on skyscraper emissions, as cities like Boston and Denver have passed similar laws. As part of then-Mayor Bill de Blasio’s Green New Deal, the law called for buildings over 25,000 square feet (encompassing about 50,000 commercial or residential buildings) to aggressively reduce their carbon footprint or face fines starting in 2024-and the fines can be pretty hefty.įor example One Bryant Park, billed as a paragon of green energy at its ribbon-cutting in 2010, could face $3 million in fines annually if it doesn’t meet the law’s carbon cap. ![]() A relatively unassuming title, the law has big implications for the city of 8.5 million people. In April 2019, the City Council of New York City passed Local Law 97.
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