Mayor Mamdani: Close the Landlord Loophole!

New York City's Local Law 97 passed in 2019 and set the standard for addressing urgent climate goals while lowering energy bills, creating good green jobs, and reducing air pollution. But former mayor Eric Adams created a loophole in that law that allows building owners to pay their way out of cleaning up their pollution by purchasing unlimited quantities of Renewable Energy Credits (RECs).

On the campaign trail, Zohran Mamdani pledged to close that loophole, but since taking office has not yet taken action to do so.

Mayor Mamdani has the power to close the loophole and limit the sale of RECs, ensuring New Yorkers can benefit from cleaner homes, lower bills, good green jobs — and to counteract Adams’ damage to Local Law 97.

Tell Mayor Mamdani to keep his campaign promise and close the Adams "landlord loophole"!

Your Message

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I urge you to make good on your campaign promise to close the "landlord loophole" in Local Law 97 and limit the sale of Renewable Energy Credits (RECs)!

Energy prices are skyrocketing and air pollution is making New Yorkers sick. As you said yourself when asked about the Adams REC loophole at a candidate forum, “this is an issue that New Yorkers are feeling in their own lungs.”

Renewable Energy Credits are set to flood the market from the Champlain Hudson Power Express (CHPE) project as early as next week – when they do, the progress and momentum already underway to bring buildings into compliance with Local Law 97 will grind to a halt. In fact, Urban Green Council estimates that 50% of emissions over the 2030 limit could be offset by purchasing RECs. We literally cannot afford for New York City residents' health and our climate to be compromised in this way.

The unlimited sale of RECs to offset Local Law 97 emission benchmarks are a relic from Adams-era subservience to powerful real estate lobbyists. We know you to be a friend to working New Yorkers, not to New York City’s rich and powerful property owners. It's time to throw out Adams’ leftovers – be a friend to working people and make good on your promise to protect the many, not the few.

To quote you: “I commit to taking on this industry at every turn whenever it means standing up for working class New Yorkers because those are the people whose lives are on the line when we deny them the climate jobs and justice they so deeply deserve.”

Please take immediate action to close the "landlord loophole" and limit REC sales now. You promised.

Sincerely,
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{user_data~City}, {user_data~State} {user_data~Ghost Zip Code}

Sincerely,
[First Name] [Last Name]
[Your Address]

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