30 Sep '15, 4pm

New blog from CEO @RalphDiNola on his Congressional briefing on Reinventing Existing Buildings

I had the honor recently of addressing members of Congress on opportunities for “reinventing” existing buildings to achieve high levels of energy efficiency and productivity. The morning briefing was hosted by the Alliance to Save Energy. Why existing buildings? Here are the stats: There are 5.5 million existing commercial buildings in the U.S. comprising 87 billion square feet. Replacement rate of buildings, demolition and new construction, is less than 2% per year, leaving a vast amount of outdated technologies in current building stock. We will spend over $1 trillion on construction in 2015 with only about $50 billion will be focused on energy retrofits of commercial buildings. More than $279 billion could be invested in existing U.S. building retrofits, according to Deutsche Bank, yielding more than $1 trillion of energy savings over 10 years. Savings potential is equi...

Full article: http://newbuildings.org/blog/congressional-members-look-r...

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