Practical Energy Solutions, West Chester, PA, energy conservation, energy auditsgreen buildings
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Practical Energy Solutions, West Chester, PA, energy conservation, energy auditsgreen buildings |
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Practical Energy Solutions
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Link to Barron's Article on Green Buildings Use the link above to read the entire article that appeared in Barron's: As Green as the Grass Outside By CHARLES LOCKWOODT RILLIONS OF DOLLARS OF COMMERCIAL PROPERTY owned by real-estate investmenttrusts, corporations and other investors around the world will soon become obsolete—and will drop in value. This looming obsolescence has nothing to do with the housing bubble. It will affect office buildings, shopping malls, warehouses and distribution centers. It threatens real-estate portfolios from Chicago to Shanghai, even as it also opens new profit-making opportunities. What’s going on? A significant real-estate market shift is gathering momentum: Green buildings—which have a less negative impact on the environment, boast lower energy consumption, and offer healthier indoor environments than “standard” buildings—are going mainstream.
The numbers tell the story. The U.S. Green Building Council, an independent nonprofit association of more than 6,000 professionals and organizations dedicated to sustainable building design and construction, offers a rigorous Leadership in Energy and Environmental Design (LEED) certification for buildings seeking to be designated as green. The group’s listings go from the most basic, or certified, through silver and gold ratings to its highest ranking, platinum. As of this month, the council had certified 669 buildings as green. Waiting in the queue for ratings are 4,926 more edifices, an indication of the enormous surge in U.S. market demand and the number of buildings being constructed with green considerations in mind. CLICK HERE TO READ THE WHOLE ARTICLE
Charles Lockwood, author of Building the Green Way (Harvard Business Review June 2006), is an environmental and real-estateconsultant, based in southern California and New York City. www.CharlesLockwood.com © Dow Jones & Company (December 25, 2006). All Rights Reserved. B A R R O N ’ S
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Practical Energy Solutions is an ENERGY STAR Service Provider  Practical Energy Solutions uses software from Kilawatt Technologies
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