Proposal could cost city some green

Proposed green building requirements for privately owned buildings would, in the short run, reduce construction, increase the price of rents and owner-occupied housing, increase commercial rents and could discourage businesses from moving to The City, according to an economic impact report by the Controller’s Office.

“The legislation would impose a considerable cost on San Francisco’s economy in the short term, although this cost is projected to decline after seven to 10 years,” according to the report.

The proposal would reduce The City’s carbon dioxide emissions by more than 1 million tons by 2027, according to the report.

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