Green building bonds, which are higher rated and could provide cheaper capital for green building projects, can correct the current market that prices mortgages, green building or nongreen, the same, stimulating the economy and repairing the planet. The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased … Continue Reading
The City of Portland is proposing a carbon tax that would be the first of its kind anywhere in the country. Given the increased emphasis on climate change by the incoming Biden Administration the proposed ordinance should be on your required reading list. Carbon dioxide and other greenhouse gas emissions are changing the climate. Energy … Continue Reading
The U.S. Environmental Protection Agency has released a draft National Recycling Strategy and is seeking public comment through December 4, 2020, with the goal of finalizing it in early 2021. Maybe not since Plato wrote about the value of reusing waste in the fourth century BC has recycling faced the challenges that we are seeing right now. … Continue Reading
Last Monday evening an ordinance was introduced in the Baltimore City Council to adopt the 2018 International Green Construction Code. In the realm of green building this is a big deal. In the more than 4,400 code adopting jurisdictions across the country only the town of Gaithersburg, Maryland has adopted the 2018 IgCC. It is … Continue Reading
Montgomery County, Maryland is on the cusp of being the first to adopt the 2018 International Green Construction Code. The proposed Executive Regulation 12-20 appeared in the Montgomery County Register on August 1. A public hearing will be held on proposed regulation on September 3. And written comments may be submitted until October 5. Montgomery … Continue Reading
In response to legislation enacted by the Maryland General Assembly in 2018, overriding a veto by the Governor, commencing last week new public school building no longer has to be LEED certified or the like. This is a major change in public policy for the Old Line State that has required by law that all … Continue Reading
In response to an act of the Maryland legislature in 2018, the state is proposing a watershed revamp of its current mandatory green building requirements for new public school buildings. The public is being invited to comment on the proposal. Existing State Finance and Procurement Section 4-809(f) was amended adding new section (6), providing in … Continue Reading
Section 436(h) of the Energy Independence and Security Act of 2007 requires the General Services Administration’s Office of Federal High-Performance Buildings to complete a review of high performance building certification systems every 5 years. After the review, GSA recommends to the Secretary of Energy the building certification systems most likely to encourage a comprehensive approach … Continue Reading
The City of St. Petersburg, Florida passed a progressive ordinance last week mandating that City infrastructure projects and newly constructed and renovated City building be third party certified as green. The new Ordinance 359-H, passed by the St. Petersburg City Council on January 17, 2019 and awaiting the Mayor’s signature, supersedes the prior Executive Order … Continue Reading
On July 11 the Green Building Initiative launched the Green Globes Multifamily for New Construction and Green Globes Multifamily for Existing Buildings. While certainly there is a market in developers of newly constructed multifamily buildings, spending on multifamily construction was more than $61 Billion in 2017, being 18% of all new residential construction spending, up … Continue Reading
Today’s green building standards, rating systems and codes are stale, largely based in decades old science and do not go far enough to be efficacious for most business to invest in. This is no longer a genuine debate over the negative environmental impact that buildings have on the planet. But the green building industrial complex … Continue Reading
When the Saint Paul City Council votes this Wednesday on Ordinance 17-60 it should amend the legislation to not delete, from the existing law, Green Globes as one of the approved green building standards. The work product of an advisory committee of experts, Ord 17-60 Sustainable Building Regulation Ordinance, alters and amends the 2009 Resolution … Continue Reading
Last week Green Building Initiative announced that it had completed the bold and innovative acquisition of Green Globes from JLL and I had an opportunity to speak with Vicki Worden, President and CEO of GBI and Bob Best, Executive Vice President of JLL. In 2008, JLL, a Fortune 500 company with more than $50 billion … Continue Reading
2018 will be a watershed year in the course of green building standards, codes and rating systems. There has been no other single calendar year that has seen the breadth of substantive change that is before us. In 2018 there will be new versions of LEED, ASHARE 189.1, IgCC, ICC 700, Green Globes and .. … Continue Reading
Last week the Maryland Green Building Council voted unanimously to recommend that Green Globes, at the two Green Globes level, be approved by the Maryland Secretaries of Budget and Management and General Services as a “high performance building” as defined in Maryland law. The vote is being widely heralded as a significant step forward in … Continue Reading
Today is the day to revise your contracts for sustainable projects. With the U.S. Green Building Council’s recent announcement that all new projects registering for LEED 2009 beginning later this week, on April 8, 2016, will need to satisfy increased minimum energy performance thresholds, everyone involved with LEED projects should promptly review their contract documents … Continue Reading
I had an opportunity some days ago to speak at length with Vicki Worden, the Executive Director of Green Building Initiative. Readers of this blog will be interested in what this thought leader in the green building movement has to say. We spoke after the public comment period commenced on the GBI’s revision to its … Continue Reading
Last Friday was the beginning of the public comment period on the Green Building Initiative’s revision to its ANSI/GBI 01-2010: Green Building Assessment Protocol for Commercial Buildings that forms the basis for the current version of Green Globes for New Construction. Nearly 1000 buildings are Green Globes certified in the U.S. today. The revised Standard … Continue Reading
Fannie Mae's lower interest rates for green building may not be the "in" response to climate change dystopia, but green mortgage backed securities, getting a big boost by this initiative, will be a key source of financing for green building, that will save the planet.… Continue Reading
"Winter is coming." This is the common refrain in the popular book, Game of Thrones, in which kings vie to take over lands. As I thought about the green building policy mess of 2012, I couldn’t help but draw comparisons to Game of Thrones. This was supposed to be the year of the USGBC’s … Continue Reading
During green building presentations that include legal views, I usually expect that someone in the crowd will not agree with my views of the green building industry. Usually, the unhappy audience member cannot fathom that there are potential risks associated with green building. Last week, though, I received a much different reaction when I presented … Continue Reading
Last week, we discussed the Virginia General Assembly’s attempts to pass green building legislation in 2008. Virginia Governor Tim Kaine was also forced to weigh in on his preferred green building rating system in 2008. Previously, in 2007, Governor Kaine indicated his preference for the LEED rating system in Executive Order 48: “All agencies and … Continue Reading