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National and International News
As part of a growing movement, IMT is working on ENERGY STAR benchmarking mandates for commercial buildings. IMT is working with several other organizations representing interested stakeholders, and the work is supported by the Energy Foundation. Visit our Benchmarking and Disclosure program page for more information and resources.
May 11, 2009: LEED Incentives From ... Your Broker? - Article
December 2007: IMT team presents "Increasing Thermal Performance and Energy Efficiency of Buildings in Russia: Problems and Solutions" at ASHRAE/ORNL Buildings X conference. Paper and presentation.
On October 12, 2007 in California, the Governor signed legislation (AB 1103) requiring that as of January 1, 2009, all utilities must have twelve months of energy data ready to upload to Portfolio Manager for any customer who requests the rating. As of January 1, 2010, it will be required that commercial building owners or operators disclose the benchmarking data and ENERGY STAR rating to a prospective buyer, lessee, or lender. DC Councilmember Cheh has since included similar requirements in her comprehensive energy bill.
Mayor Bloomberg announces a bold new green vision for New York City including a broad range of energy efficiency initiatives.
The U.S. Conference of Mayors unanimously adopted a resolution in support of "The 30% Solution," a comprehensive package of achievable and affordable energy-efficiency resulting in a 30% improvement in building energy codes.
PriceWaterhouseCoopers Real Estate Investment Survey feature article on Green Building Finance Trends.
US Senators and members of Congress proposed major improvements in building energy codes within the existing system by setting national performance targets that rise gradually over time.
President Bush signs H.R. 6, the Energy Independence and Security Act of 2007. The Act mandates increased energy efficiency from cars, trucks, lighting, washing machines and refridgerators. Due to a last-minute amendment, the Act does not extend many important efficiency tax incentives, including the commercial building tax deduction, which will still expire at the end of 2008. But, the groundwork has been laid in both the House and Senate and odds of extension through 2013 are good.
