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New York City

Ride Sharing Could Cut Taxi Trips by 40 Percent in NYC

Ride Sharing Could Cut Taxi Trips by 40 Percent in NYC

written by Yale Environment 360

New interactive maps from MIT analyze the potential environmental and economic savings of ride-sharing in dense urban areas — in particular, the benefits of sharing taxicabs in New York City.

The project, called HubCab, uses data from 170 million trips made by New York City’s 13,500 taxis in 2011. High-resolution GPS coordinates and timestamps for each trip allowed researchers to pinpoint locations in the city that are high-traffic hubs for taxi pick-ups and drop-offs, as well as calculate fare savings, decreases in total miles traveled, and cuts in CO2 emissions if ride-sharing existed.

The researchers found that taxi-sharing could reduce the number of trips by 40 percent with only minimal inconvenience to the passengers. The findings highlight the potential benefits of ride-sharing in New York and other cities, including lower vehicle emissions, reduced congestion, and savings in time and money. City planners could use commuter travel patterns identified by HubCab to develop more efficient ride-sharing systems and cut their overall traffic congestion, researchers say.



March 25, 2014 0 comment
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New York City Bets On Energy Efficiency To Boost Sustainability

New York City Bets On Energy Efficiency To Boost Sustainability

written by

The world needs to make a transition to renewable energy as part of a global sustainability project, but until solar, wind and other renewables​ become the norm, there’s one solution that is available​ now: energy efficiency. More energy efficient buildings means less energy and fewer emissions, besides huge savings. However, financing projects is not always easy, since payback is not immediate, ​putting lenders off.

But New York City is looking at this issue in a different light, thanks to two initiatives. New York City Energy Efficiency Corporation (NYCEEC) and the recently launched New York State green bank are offer​ing ​solutions for clean energy financing in New York City and State, respectively. They leverage expertise and financial resources to convert inefficient buildings into clean, high-performing investments. Best of all, they can offer custom-built financing options that are too attractive for building owners to turn down.

“Clean energy building upgrades have an important role to play in the new Mayor’s promise to increase affordable housing in NYC, and innovative financing program’s like those offered through the city and state’s green banks are exactly what New York needs to ensure a greener, cleaner, and more affordable living experience,” wrote Susan Leeds, NYCEEC’s CEO, in a recent blog post.

​Take the example of ​LEEDS highlighted Franklin Plaza, a Mitchell-Lama housing co-op in East Harlem that has taken advantage of the city’s new energy finance offerings. Franklin Plaza recently closed on the first tranche of its $3.8 million loan through the NYC Housing Development Corporation’s (HDC) Program for Energy Retrofit Loans, a program enabled by HDC’s partnership with NYCEEC. ​THis investment will result in measurable environmental benefits: ​a 15 percent reduction in energy use, which equals a ​30 ​percent reduction in carbon emissions.

NYCEEC recently announced $50 million in financing available through a range of products and partnerships. These include equipment loans, mortgage lending, credit enhancements and energy services agreements, ​covering a range of services and upgrades to improve the performance of a building.

Article by Antonio Pasolini of Justmeans, appearing courtesy 3BL Media.



March 5, 2014 0 comment
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Upcycling Space Gaining Speed

written by Walter Wang

WikiTrend is reporting an upswing in environmentally-friendly upcycling. The trend refers to the repurposing of large scale public and private spaces in creative eco-friendly ways.

While planting gardens on urban rooftops is not a new trend, in recent weeks, WikiTrend has seen a

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August 28, 2013 0 comment
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Green Enough for New York City?

written by Walter Wang

When New York City Mayor Michael Bloomberg leaves office in January, green building advocates lose a strong ally. But they are determined to make sure his shoes are filled to their liking.

To that end, a coalition of environmental and real estate interests are asking candidates to endorse

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June 4, 2013 0 comment
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ConEd Upgrading Infrastructure – Why Not Address The Underlying Problem?

written by Walter Wang

According to this article in SmartGridNews, Consolidated Edison, the power utility that serves New York City and the surrounding region, is in the process of spending $1 billion to upgrade its power delivery infrastructure to minimize outages in the wake of Hurricane Sandy.

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June 3, 2013 0 comment
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Top Ten Highlights of Cleantech in New York City

written by Walter Wang

No one will deny that New York City is one of the primary tech entrepreneurship hubs of the United States. Home to the largest population in the nation, it is not only a melting pot of different ethnicities, religions, and races, but also one of the main financial, cultural, and entertainment capitals in the United States (possibly even the world as well). Because

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June 5, 2012 0 comment
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New York City Roof Study Shows Drastic Cooling with White Surfaces

written by Yale Environment 360

A New York City roof covered in a white synthetic membrane was on average 43 degrees F cooler than surrounding black tar and asphalt roofs during times of peak heat last summer, according to a study by scientists from Columbia University and NASA.

On the hottest day of the summer — July 22, 2011,

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March 9, 2012 1 comment
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Top Ten Cleantech Initiatives Sponsored by New York Mayor Michael Bloomberg

written by Walter Wang

Michael Bloomberg has been the Mayor of New York City since January of 2002. One of the biggest domestic issues that Mayor Bloomberg has been dealing with is New York’s role in preserving the environment and global warming. Aside from motivating his own city, Mayor Bloomberg has been

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August 12, 2011 1 comment
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Giant Carbon Clock Unveiled in Center of New York City

written by Ceylan Thomson

Deutsche Bank has erected a seven-story sign in the heart of New York City that ticks off the tons of carbon dioxide being emitted into the atmosphere — a public relations move designed to raise awareness of global warming.

Designed by scientists at the Massachusetts Institute of Technology and hanging outside Madison Square Garden, the giant counter shows that the amount of carbon dioxide in earth’s atmosphere is at 3.64 trillion metric tons, the highest level in 800,000 years. Number whirring on the counter show that CO2 is being added to the atmosphere at the rate of 800 tons per second.

Unveiling the sign, Deutsche Bank officials said it was designed to highlight the crisis of global warming and the urgency of reducing CO2 emissions. “The minute you convert that (carbon) to a real-time number, it can serve as a backdrop to a lot of conversations,” said one Deutsche bank executive.

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June 19, 2009 14 comments
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