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With Over $3.6 Trillion in Value You Should Pay Attention to GRESB

Green Building Law Update

For the uninitiated GRESB assesses the sustainability performance of real estate and infrastructure portfolios worldwide. GRESB’s stated “mission is to enhance and protect shareholder value by assessing and empowering sustainability practices in the real asset sector.”. the Washington DC based non-profit entity related to the U.S.

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GRESB is Huge with $2.3 Trillion in Real Estate so Follow the Money

Green Building Law Update

Trillion reported their environmental, social and governance information to Global Real Estate Sustainability Benchmark (GRESB). A relative newcomer, the GRESB real estate assessment is becoming recognized as the global standard for portfolio level sustainability reporting in the real estate sector. Green Building Council.

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ESG Disclosure Simplification Act Passes Committee But Will Fail

Green Building Law Update

Although there is little if any chance that the bill will become law given the current politics in Washington, DC, the bill’s passage in the House Committee highlights that issues of ESG disclosures continuing to be pressing. But again, there is no realistic scenario under which this becomes law. The failure of H.R.4329,

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

Note that this occurred in the same week that Congress extended the 30% federal investment credit for solar through 2021, which in large measure benefits the same banks and corporate investors. And Nevada is not alone, Hawaii cut its net metering rate by half in October.

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PACE Bill Due in Baltimore City

Green Building Law Update

The Department of Energy says that there are active commercial (as opposed to residential) PACE programs in at least 9 states and DC and enabling laws enacted or programs in development in another 23 states. Maryland is typical. Its original PACE law enacted in 2009 was put on hold after the 2011 guidance from the federal government.

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GSA, LEED, USGBC, and Politics

Building Information Management

Is there no better way for GSA to meet sustainability requirement than via LEED? Washington, DC 20417. The recently released sustainability and energy “scorecard” by the Office of Management and Budget (OMB) demonstrates just how successful GSA has been at reducing costs, improving efficiency and eliminating waste. 7group, LLC.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

The Department of Energy says that there are active commercial PACE programs in at least 9 states and DC and enabling laws enacted or programs in development in another 23 states. Department of Energy assures that the earlier expressed concerns were specific to single family home mortgage lending.

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