Climate Change and Solutions Webinar Series
A NAIOP-MD CLIMATE CHANGE AND SOLUTIONS WEBINAR SERIES
When Maryland passed the Climate Solutions Now Act (Senate Bill 528 of 2021) it adopted some of the most aggressive climate goals of any state in the nation. Every sector of the Maryland economy, including commercial real estate, will be affected in major ways.
Beginning next year commercial and multifamily buildings 35,000 square feet or larger will have to begin to track their direct greenhouse gas emissions and overall energy use as part of the state’s Building Energy Performance Standards. In 2025 these buildings must report the results to the Maryland Department of Environment and will be required to achieve progressively lower emissions and energy use targets between 2030 and 2040.
Understanding where the state is going and preparing to navigate this challenging and fast-changing regulatory environment will be essential learning for commercial real estate professionals.
NOVEMBER 15, 2023 – BUILDING ENERGY PERFORMANCE STANDARD (BEPS)
During this webinar, our presenters, David Borchardt, PE, Maryland Energy Advisors, Chris Pendley, Steven Winter Associates, and Michael Powell, Gordon Feinblatt LLC provided an overview of state requirements and economy-wide targets, where we have been and where we are going next.
Resources (Slides and Q&A):
JUNE 8, 2022 –UNDERSTANDING THE NEW MARYLAND LAW [SB 528]
Maryland’s Climate Solutions Now Act (SB 528) is described as the most rigorous state legislation addressing climate change in the country, and it is poised to have deep and wide-ranging impacts on the commercial real estate industry. In the first installment of NAIOP Maryland’s Climate Change and Solutions webinar series, environmental lawyer Stuart Kaplow discussed the first legislative requirement that CRE owners will have to meet – namely, measuring and reporting their buildings’ direct greenhouse gas (GHG) emissions.