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New study shows financial benefits of green buildings exceed cost by 10 to 1.(News)

Energy User News

| December 01, 2003 | COPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

WASHINGTON, DC--Investments in green buildings pay for them selves 10 times over, according to a new study for 40 California agencies. The study was conducted by the Capital E group, Lawrence Berkley Laboratory, and participating California state agencies.

U.S. Green Building Council (USGBC) President & CEO, Christine Ervin, who served as a member of an advisory committee that guided the study, says, "'The study's conclusive findings demonstrate that green building is cost-effective and makes good business sense."

Greg Kats, a principal at Capital E, and the lead author of the report stated that "'The report should ...

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