Mandatory Energy Benchmarking Coming Into Vogue
Law360, New York (February 04, 2010, 3:43 PM ET) -- As climate change legislation takes center stage, benchmarking is gaining traction among lawmakers, environmentalists and landlords as a viable first step toward systematically reducing energy use in buildings.
Benchmarking — in which the energy consumption of a building is measured against the average energy consumption of comparable buildings to produce a rating that can then be viewed by other parties — is now mandatory in a handful of U.S. jurisdictions, and voluntary efforts are also being ramped up, according to experts.
“This is a big deal,”...
Benchmarking — in which the energy consumption of a building is measured against the average energy consumption of comparable buildings to produce a rating that can then be viewed by other parties — is now mandatory in a handful of U.S. jurisdictions, and voluntary efforts are also being ramped up, according to experts.
“This is a big deal,”...
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