Tackling rising energy consumption in US buildings will require a more coordinated and coherent approach to energy efficiency codes and regulation, one that is more focused on retrofits – where most potential gains lie, according to a report from the Economist Intelligence Unit.
A 2012 Deutsche Bank report claims that energy efficiency retrofits alone could bring $1 trillion worth of energy savings to the US economy over the next 10 years. Should the current wave of financial innovation in energy efficiency in buildings succeed, the potential exists for a rapid scale up of current piecemeal investments, the report says.
Read more at Energy Manager Today.