U.S. looks to energy efficient buildings to limit waste
The use of energy efficient buildings in the U.S. has increased over the past decade, and the government has played a significant role in the adoption of these waste-limiting structures.
The U.S. Department of Energy (DOE) and the current administration have been working to expedite the adoption of this change, and the commercial real estate sector is beginning to reflect this new strategy.
The DOE designated an innovation Hub in Philadelphia to help show companies and property owners that energy efficient buildings are not just a way to limit carbon emissions, as they also help to reduce costs.
Dubbed the Energy Efficient Buildings Hub (EEB Hub), the effort is working to transform the commercial real estate market in the city, and the benefits seen by organizations in Philadelphia will be marketed to major metropolitan areas around the country.
President Obama has jumped on this bandwagon, as his administration has promoted the use of energy efficient buildings by creating programs that help companies invest in technology and products that will help increase sustainability.
According to Imperial Valley News, Obama signed an Executive Order to facilitate investments in the sector, which will not only help to transform the country's real estate market but will also create jobs.
"Today, we are taking another step to strengthen American manufacturing by boosting energy efficiency for businesses across the nation," said President Obama. "This action will cut costs, increase efficiency, and help our businesses create strong, middle class jobs. We’ll continue to do everything we can to put more people back to work and build an economy that lasts."
The Executive Order not only helps to coordinate actions between federal agencies to help improve the efficiency of many processes associated with the construction of more efficient buildings, but it also sets new goals for the country. These include an increase in the amount of combined heat and power systems, which may lead to savings of $10 billion per year.
Cities that have already relied on more local efforts to increase the number of energy efficient buildings in the area are beginning to see results.
Triple Pundit reported that Grand Rapids, Michigan, was named the nation's most sustainable mid-size city by the U.S. Chamber of Commerce Civic Leadership Center and Siemens Corporation because of the transformation of its commercial real estate market.