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Vancouver’s new emissions bylaw creates value for buildings

In cities around the world, buildings generate more carbon emissions than anything else. In Vancouver, 55 per cent of all carbon pollution vents from buildings; in places that are significantly colder in the winter and hotter in the summer, like New York, building emissions can reach 70 per cent.


Older buildings are the worst culprits – they’re like clunker cars with multicylinder engines that consume a lot of gasoline. And just as vehicles with high fuel consumption are now a hard sell, buyers are also avoiding gas-guzzler buildings.

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