11 May '11, 2pm

Exclusive: Empire State Building boss argues energy efficiency trumps renewables

The man behind the green refurbishment of one of the world's most famous buildings has said that the money put towards subsidies for large renewable energy projects would be better spent on improving the energy efficiency of the world's building stock. Anthony Malkin, whose Empire State Building Company owns the iconic New York skyscraper, told BusinessGreen that subsidies to increase wind or solar energy capacity are not as effective in terms of carbon savings or job creation as incentives that promote the renovation of existing buildings. FURTHER READING Huhne beefs up Energy Bill with crackdown on landlords Energy consumption data to get the Web 2.0 treatment "The cost of energy efficiency per watt is a third to a quarter of the cost of alternative energy," he said in an interview at the Euro-Mediterranean Energy Efficiency Forum in Monaco earlier today. "We have to ask...

Full article: http://www.businessgreen.com/bg/news/2070126/exclusive-em...

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