President Obama’s Better Buildings Initiative, announced February 3, 2011, aims to achieve a 20% improvement in energy efficiency in commercial buildings by 2020, improvements that will save American businesses $40 billion a year. Key elements of the Better Building Initiative program:
- New tax incentives for building efficiency
- More financing opportunities for commercial retrofits
- "Race to Green" for state and municipal governments that streamline regulations and attract private investment for retrofit projects
- The Better Buildings Challenge
- Training the next generation of commercial building technology workers
