19.2.10

The Green, Green Grass of Home

In my previous post (At last a tax that won't hit me!), I discussed the crass suggestion from the UN of taxing the flatulence of the world's cows. To redress the balance, how about this?

Nearly $5 per square foot per year. That's the estimated savings by tenants of environmentally friendly buildings because of fewer employee sick days, according to a study cited by the US Green Building Council. About 55% of respondents in the study also indicated that employee productivity had improved in green buildings.

The work was based on surveys of 154 buildings under [CB Richard Ellis Group] (CBRE's) management, totalling more than 51.6 million square feet and housing 3,000 tenants in ten markets across the US. The study defined a green building as those with LEED certification at any level or those that bear the EPA ENERGY STAR ® label.

See this URL for more details: http://www.usgbc.org/News/USGBCInTheNewsDetails.aspx?ID=4250

That web page goes on to discuss the financial and other implications of building environmentally friendly structures. If it really is all true and the findings apply world wide, we need to sit up and listen. Building in a green way might, I say just might, offset some of that flatulence of the cows that the UN is so afraid of!

DW

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