This article examines EPA's Advance Notice of Proposed Rulemaking for regulating carbon dioxide and the potential impact it may have on commercial property owners. The author of the article suggests the time is ripe for property owners to evaluate the operations of their buildings to identify steps they might take to minimize the effect of any such regulation. In the near future, the author says, it may not be uncommon to see lenders and building owners performing climate impact assessments or including greenhouse gas issues in an environmental site assessment.
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