10 Feb '12, 7pm

Value of the residential green building market is expected to grow fivefold by 2016:

Value of the residential green building market is expected to grow fivefold by 2016:

When it comes to home building, green is queen. Cross-posted from Climate Progress . With the construction industry still recovering in the U.S., companies offering “green” services may be able to set themselves apart and grow business faster, according to a survey conducted by McGraw Hill Construction. In 2011, green builds in the residential sector made up 17 percent of construction, totaling $17 billion in economic activity. And the value of the residential green building market is expected to grow fivefold by 2016, taking up to 38 percent of the market and representing $87 billion to $114 billion. McGraw Hill defines a green building as “one built to LEED standards, an equivalent green building certification program, or one that incorporates numerous green building elements across five category areas: energy efficiency, water efficiency, resource efficiency, responsibl...

Full article: http://grist.org/green-home/house-fit-for-a-green-sustain...

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