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The Building Owners and Managers Association (BOMA) International calls for common-sense policy change to expand energy efficiency investment in buildings to cost-effectively reduce energy consumption and carbon emissions, increase employment and enhance competitiveness.
BOMA International supports efforts to ensure that real estate is incentivized and rewarded for making energy efficiency investments. Energy efficiency in buildings represents the largest untapped opportunity to cut CO2 emissions deeply and cost-effectively, and real estate owners should receive the financial value of the emissions that result from their energy efficiency investments.
BOMA is a longtime leader in advocating for sensible policies that support both real estate owners and the larger goals of clean energy, competiveness and sustainability. BOMA is adding its voice in support of CO2toEE, a broad private-public coalition advocating that investors in building energy efficiency receive the value of the CO2 reductions that result from their investments.
“This change in federal, state, regional and international policy would help building owners and their tenants achieve lower operational costs and lower greenhouse gas emissions while also driving economic growth,” said BOMA International Chair Brian M. Harnetiaux, senior vice president of Asset Management at McCarthy Cook “It’s a common-sense approach that would greatly assist the commercial real estate industry in continuing to make great strides in achieving its market transformation goals.”
By adding another financial incentive for investing in energy efficiency, CO2toEE would expand and deepen the market for energy efficiency products and services. Learn more about the CO2toEE initiative here.
Learn more at www.boma.org.
