Commercial property owners should commit to greenhouse gas (GHG) reduction—a strategy that reaps financial benefits and prevents buildings from becoming stranded assets, according to an energy efficiency consultant writing in GlobeSt.
A systematic drive to reduce emissions across the portfolio will garner savings on energy and water, as well as on levies for exceeding carbon emissions standards enacted by local governments. Decarbonization can avoid “stranded assets … properties that will be exposed to the risk of early economic obsolescence due to climate change because they will not meet future regulatory efficiency standards or market expectations.”
The first step is to set minimum standards for the entire portfolio and efficiency goals for individual properties. Portfolio standards could be performance based (e.g., 10% reduction of all assets by 2030), or prescriptive based (e.g., 100% LED lighting at all assets by 2025).
An energy and water audit, a comprehensive analysis of the property’s energy and water consumption using the ASHRAE Energy Audit Standards, should be conducted at each site. The audit measures energy and water usage, identifies property conditions that may cause excessive use, and provides efficiency measures to improve energy and water efficiency.
Other GHG reduction measures include building automation and controls, retro-commissioning, sourcing green energy from utilities, fully electrifying buildings, and integrating renewable energy systems into the property.
Related Stories
| Nov 14, 2014
Army net-zero initiative moving past pilot stage
The U.S Army's ambitious net-zero initiative has had several successful pilot trials, and planners are prepared to expand the nine-part demonstration field to scores of other Army facilities.
| Nov 14, 2014
Former U.S. Treasury Secretary Paulson works to upgrade China’s building codes
Former U.S. Treasury Secretary Hank Paulson is today focused on making new construction in China more energy efficient by working with leaders to upgrade building codes.
| Nov 14, 2014
California aims for 20% reduction in water consumption by 2020
California’s comprehensive new water use plan makes conservation a priority, reinforcing a 2009 plan to reduce statewide per capita water consumption by 20% by 2020.
| Nov 6, 2014
Demountable structural steel could up the ante on sustainability
Demountable structural steel assemblies would be a greener way to make use of steel in the construction industry than recycling.
K-12 Schools | Nov 6, 2014
New Sandy Hook school features could influence security standards
The design of the new Sandy Hook Elementary School on the site of the 2012 Newtown, Conn., school shooting features enhanced security measures—some subtle and others more prominent.
| Nov 6, 2014
OSHA seeking input on electrical standards
The Occupational Safety and Health Administration (OSHA) is reviewing electrical standards for the construction industry to make sure proper safeguards are in place as electrical wiring is being installed and maintained.
Smart Buildings | Oct 30, 2014
Energy Department pledges $9 million for energy efficiency improvements on commercial buildings
The U.S. Dept. of Energy will spend $9 million to encourage investments in energy-saving technologies that can be tested and deployed in offices, shops, restaurants, hospitals, hotels and other types of commercial buildings.
| Oct 30, 2014
Steel Framing Industry Association’s certification program aims to ensure connector quality
The Steel Framing Industry Association has launched a certification program to ensure that cold-formed steel connectors meet quality guidelines, building codes, and ASTM standards.
| Oct 30, 2014
American Concrete Institute releases reorganized structural concrete code requirements
The reorganized document is organized from an engineer’s perspective. The requirements flow more intuitively and have fewer cross-references for improved logic and flow of information.
| Oct 30, 2014
USGBC pushes back LEED v4 deadline
Extending the deadline gives LEED users additional time to prepare for LEED v4, the latest version of LEED, which features increased rigor and multiple updates.
