05 Dec '11, 4pm

Green building on the rise

Green building on the rise

Green building in North America will rebound in 2012, using new LEED project registrations as a proxy for this growth. The reduction in commercial real estate construction has not been offset by other sectors such as government construction, which has continued to falter, and so the growth rate of new green building projects fell dramatically in 2010 and 2011. Even so, in 2011, LEED in new construction accounted for about 20 percent of all put-in-place space, with domestic LEED project registrations up almost 40 percent vs. depressed 2010 levels. However, we see faster growth in green retrofits and notice that ongoing college and university projects and NGO activity are serving to backstop the fall in commercial and governmental construction. In addition, LEED growth has been and will be rapid in China and other fast-growing economies. Green building will continue to benef...

Full article: http://sustainableindustries.com/articles/2011/12/green-b...

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