---
title: Owners Facing $20B Bill to Meet Climate Change Laws
description: The city’s new carbon emissions laws are set to cost the real estate industry some $20 billion over the next decade
---

[NYC PACE Lending Industry News](https://www.nycpace.info/blog)

# [Owners Facing $20B Bill to Meet Climate Change Laws](https://www.nycpace.info/blog/owners-facing-20b-bill-to-meet-climate-change-laws)

 Written by [Industry Leaders](https://www.nycpace.info/blog/author/industry-leaders) | Sep 27, 2019 5:30:00 PM

The city’s new carbon emissions laws are set to cost the real estate industry some $20 billion over the next decade. And as a retrofitting program that is estimated to be the biggest in the world gets underway, owners are being urged to think ahead to avoid running out of time an  help.

Full Article: [Sabina Mollot | Real Estate Weekly](https://rew-online.com/2019/09/owners-facing-20b-bill-to-meet-climate-change-laws/)

[View full post](https://www.nycpace.info/blog/owners-facing-20b-bill-to-meet-climate-change-laws)

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