NSI News

Found money good news for all

The Obama Administration has done its share to create new opportunities for the energy and sustainability markets. As it turns out, there are even more worth billions of dollars within existing federal programs.
The Washington, D.C.-based U.S. Green Building Council released a report last month that concludes the Administration has the ability to use more than 30 existing federal programs worth $72 billion to enhance efficiency in commercial buildings and multifamily housing, with no new legislation.

The report is a legal analysis sponsored by leading organizations in energy, housing, environment and real estate. According to a press release, the report concludes that the Obama Administration is authorized to play a more active and supportive role in encouraging and progressing the energy efficiency and sustainability of America’s multifamily and commercial building stock.

“As an early adopter of green buildings and the LEED green building certification system, the federal government has been a leader in bringing green buildings to cities and towns across America,” stated Roger Platt, Senior Vice President, Global Policy & Law, USGBC. “This new report unveils an even larger opportunity for the Obama Administration to increase our nation’s energy efficiency, while creating thousands of jobs and saving taxpayers money.”

The report presents an extensive menu of options, across an array of programs, which the Obama Administration could begin implementing immediately without having to seek new funds or authority from Congress.
This is all refreshingly good news for a very diverse bunch; the public sector, fiscal conservatives, environmentalists and an industry that is projected to contribute $554 billion to the U.S. gross domestic product from 2009-2013.



For more information, please contact Heather Sabharwal at hsabharwal@kglobal.com or 202-349-7016.