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Sustainable Development

By Michael J. Lusardi

Buildings in the United States use over one-third of the world's energy consumption, and account for 40% of both the country's energy consumption and the nation's greenhouse gas emissions, plus over 70% of the U.S. consumption of electricity.

Despite common assumptions that today's environmental concerns stem from automobile emissions and industrial pollution, buildings actually have a comparably greater impact on the planet's environmental dilemma. Significantly, a mere 8% of a building's environmental impact occurs during construction, while the remainder happens throughout the building's operational life; therefore, environmentally conscious real estate professionals should focus their efforts on energy-efficient buildings.

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