Search This Blog

Wednesday, March 27, 2019

Green New Deal and Energy Efficiency

Energy efficiency

Upgrading all existing buildings in the United States and building new buildings to achieve maximum energy efficiency, water efficiency, safety, affordability, comfort, and durability, including through electrification.


Without having to Google, we know there are a LOT of buildings in the US. Upgrading all of them would certainly make the green building industry explode. Would it be done through tax credits? Grants? Large-scale building upgrades have been tried before, including in the 2009 stimulus, which put $4.5 billion toward retrofitting federal buildings and $3 billion toward retrofitting public housing projects. Here's a HUD report on the public housing effort, which argues that savings on electricity and water costs were achieved. However, to repeat, there are a LOT of buildings in the US, and no one knows what it would cost to make them all "green."

No comments: