Wednesday, March 17, 2010

MIPIM 2010: Universal green building standards--needed but possible?

Wisconsin Real Estate MBAs report from MIPIM 2010:

Panel: Sustainability "Sans Frontiéres" - Achieving Equally Green Buildings around the World

There is a need for a universal green building standard, yet key issues are preventing its development. Among the problems facing the standard are: carbon ownership (does it belong to building owner or tenant?), public transparency regarding energy efficiency, and the difficulties of placing value on the sustainability of a building. All of which depend on metrics—using the wrong metric to measure this concept, and it may ultimately render the sustainability concept worthless.

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