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
| Jan 8, 2015
Construction industry could be hurt by non-renewal of terrorism insurance bill
Insurance industry experts say without federal terrorism reinsurance in place for 2015, resulting canceled property/casualty insurance coverage and market chaos could be disruptive to the economy.
| Jan 2, 2015
Ohio’s Licking County to hire construction stormwater runoff specialist
Formed to focus on agriculture, the Licking County (Ohio) Water and Soil Conservation District has branched out to oversee construction sites.
| Jan 2, 2015
Standards groups join forces to spur more sustainable parking facility design
The International Parking Institute, Green Parking Council, and Green Building Certification Institute have joined forces to promote the design of more sustainable parking facilities.
| Dec 23, 2014
EPA okays coal ash recycling in construction materials
The Environmental Protection Agency ruled that the use of coal ash produced in power plants can continue to be incorporated into construction materials.
| Dec 23, 2014
Dunkin’ Donuts launches green building certification for its restaurants
Dunkin Donuts has launched a green building certification program to help franchisees build sustainable, energy-efficient restaurants.
| Dec 23, 2014
EPA releases WaterSense draft specification for flushometer-valve toilets
The U.S. Environmental Protection Agency's WaterSense program has released a draft specification for water-efficient flushometer-valve toilets.
| Dec 23, 2014
American Iron and Steel Institute publishes design guide for new profiled steel diaphragm panels standard
The American Iron and Steel Institute (AISI) published AISI D310-14, “Design Examples for the Design of Profiled Steel Diaphragm Panels Based on AISI S310-13.”
| Dec 18, 2014
New federal regulations impact construction firms doing business with Uncle Sam
Federal contractors may be subject to several new rules in 2015 that impact how they are selected for contracts and how they do business with the federal government.
| Dec 18, 2014
ASHRAE/IES energy standard could become more applicable for global use
A proposed addendum to ANSI/ASHRAE/IES Standard 90.1-2013, Energy Standard for Buildings Except Low-Rise Residential Buildings would make the standard more applicable for use around the world.
| Dec 18, 2014
Boston testing mobile building permit tracking app
The app called Permit Finder could free city employees from having to respond to the 30 to 40 permit status-related calls they receive each week.
