By 2025, buildings or developments of more than 35,000 square feet will have to use carbon emission caps.

The ordinance targets about 4 percent of the city's structures—including commercial and residential buildings—that produce 60 percent of Boston's building emissions.

Laura Schwartz, Regional Vice President of Leasing for Simon Property Group, said that from a leasing perspective, Simon is partnering with some of its biggest tenants to help them find ways to reduce their carbon footprint.

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