Obama's Fault (Cont.)
from Raw Story:
$248 billion ‘green building’ sector could be 50 percent of U.S. construction by 2016
Green building is growing fast in the US, and may represent more than half of all commercial and institutional construction as soon as 2016.
A new report from the US Green Building Council (USGBC), “LEED in Motion: People and Progress,” details green building’s exponential growth and outlines both the value of the industry and its reach into American lives . . .
As a snapshot in time, People and Progress finds millions of Americans benefiting from LEED projects. USGBC estimates more than 4.3 million people live and work in LEED-certified buildings every day, while more than 6.2 million people experience LEED projects every day during their daily routine.
Green building, of which LEED properties are a key subset of, represented around 44% of all commercial and institutional construction in America across 2012, and that percentage should pass 55% as early as 2016.
All this growth means jobs and profits, according to USGBC. Green building could top $140 billion in revenue with 835 million square feet of construction this year, 35% of all US construction jobs today are in green building, and industry revenue could top $248 billion by 2016.
related:
Obama Announces $4 Billion Green Building Initiative
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/23206
Where the Government is Spending in Green
ARRA investments in conservation and green building included :
$5 billion for the Weatherization Assistance Program for low-income family homes. Administered by the states and territories.
$4.5 billion to convert federal buildings to high-performance green buildings. Government Service Administration (GSA).
$3.6 billion for energy efficiency projects and modernization of facilities. Department of Defense (DOD).
$3.2 billion in energy efficiency & conservation block grants. Refer to individual states.
$3.1 billion for State Energy Program (SEP). Administered by Department of Energy (DOE).
$2.25 billion for energy retrofits of existing affordable housing. Department of Housing and Urban Development (HUD).
$9.75 billion for improved public safety and other government services — which can include renovation or repair of public schools to comply with a green building rating system.
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