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.
Paulson has worked on the front lines of environmental protection in China for years and has the ear of the top Chinese leadership, the Wall Street Journal reports.
China is constructing more than half of all the new buildings in the world, Paulson says, and buildings account for 40% of global greenhouse-gas emissions. As the world’s largest greenhouse gas emitter, China could help to significantly reduce worldwide emissions if it upgrades its building codes.
“There’s nothing else I could do in the U.S. and have that kind of impact,” Paulson told the Journal. Paulson, a former head of the Nature Conservancy, recently hosted leading multi-national business executives at a Beijing hotel along with leaders of State Grid Corp., a gigantic monopoly power distributor, and China State Construction Engineering Corp. to discuss ways to reduce China’s greenhouse gas impact.
Some 100 million rural workers in China are expected to move to cities before 2020, keeping demand for new construction strong.
(http://www.wsj.com/articles/hank-paulson-targets-climate-change-via-chinas-building-codes-1415776456)
Related Stories
Codes and Standards | Sep 22, 2021
Cities need to step up flood mitigation efforts to save lives
Recent storms highlight climate change dangers.
Codes and Standards | Sep 21, 2021
Steps to improve ventilation for Covid can combat colds and flu
New look at airborne disease spread shows time viruses linger in air may have been underestimated.
Codes and Standards | Sep 15, 2021
USGBC will change leaders, conduct strategic review
Aims to ensure organization is ‘well positioned to scale its work in the post-pandemic world’.
Codes and Standards | Sep 15, 2021
LEED-certified offices earn higher rents than non-sustainable properties
Are also more resilient to dips in real estate market.
Codes and Standards | Sep 7, 2021
Boston turns to developer fees to fund flood protection infrastructure
Assessments on commercial properties will help build seawall and other protective measures.
Codes and Standards | Sep 3, 2021
Low-cost methods can have substantial impact on reducing embodied carbon
Whole-building design, material substitution, and specification strategies can slash carbon by up to 46%.
Codes and Standards | Sep 2, 2021
Case for power resiliency in buildings grows with more disaster and outages
Essential businesses like data centers, hospitals are first adopters of new storage systems.
Codes and Standards | Aug 31, 2021
UK industry group wants mandatory whole-life carbon assessments of buildings
Aims to address hidden emissions embedded in supply chains.
Codes and Standards | Aug 31, 2021
Home electrification will require code upgrades
Residential electric panel capacity must be increased.
Codes and Standards | Aug 30, 2021
Facebook’s new $800 million Arizona data center to save big on water
Will restore more than 200 million gallons of water per year to river basins.
