[Crain's NY] Op-ed: Local law 97 progress and pain points, one year in

Kelvin’s VP of Business Development, Matthew Isaacs, shares his insights on the first year of Local Law 97 in his recent op-ed for Crain’s New York Business. This ambitious decarbonization law is transforming building emission targets in over 50,000 New York City buildings.

Matthew highlights the progress made in 2024 and the challenges ahead—unclear rules, high costs, and inconsistent data. Despite these hurdles, Kelvin and others are driving solutions that make compliance achievable and cost-effective through energy-saving financing models.

As Matthew emphasizes, a collaboration between policymakers, industry leaders, and building owners is critical to refining LL97 and positioning New York City as a leader in urban sustainability.