Carbon Neutral by 2050
With an empire state of mind, Hydromx supports New York City’s efforts to become carbon neutral by 2050. An article in The Wall Street Journal notes, the Empire State Building had a goal of reducing emissions by 40 percent over ten years. In fact, through many improvements, the building has achieved this goal far ahead of schedule. Hydromx is now in the landmark’s arsenal of energy-saving changes. Consequently, the Empire State Building specifies Hydromx for all of their heating and cooling loops as the only Heat Transfer Fluid.
Innovative Technologies Leading the Way in New York City
New York City recently decided to support building code changes to include technologies from four private companies. This change is due to the city’s rollout of the landmark law, limiting greenhouse gases from buildings.
In an announcement, the city stated it would consider offering technical support and “prioritized assistance” to help the technologies gain traction in the market. Andrew Rudansky, a spokesman with the New York City Department of Buildings, reported this to Bloomberg Law.
Furthermore, under Local Law 97, buildings larger than 25,000 square feet will have to reduce their carbon emissions by varying amounts or face fines, starting in 2024. Stuart Saft, a real estate attorney with Holland & Knight LLP, said the law’s targets are technologically unreachable.
Companies with an Empire State of Mind
Hydromx, Inc., which has developed a nanofluid for efficient heat transfer in cooling and heating systems. Additionally, Radiator Labs, Inc., a New York City-based maker of a smart radiator cover networked to central boiler control systems. WexEnergy LLC offers custom window insulation panels. Lastly, Zinc8 Energy Solutions provides batteries using zinc and air as fuel.
Due to Local Law 97, some New York property owners fear this law will impose high costs they can’t afford. Especially, with the coronavirus driving commercial and residential tenants out of the city.
“Climate change is an existential threat to a coastal city like ours, and innovative technologies will help us meet this challenge head-on,” said New York Buildings Commissioner Melanie E. La Rocca.