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Net Zero Certification Program Announced by USGBC

Green Building Law Update

There is no doubt that the newly announced LEED net zero certification program is aspirational. USGBC announced last week that it will be unveiling the Beta version of a new Net Zero Certification program at Greenbuild in November. Net Zero Carbon Emissions Certification: Projects must achieve a carbon balance of zero.

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Army Abandons LEED Certification

Green Building Law Update

Instead, the Department of Defense is going to simultaneously require compliance with its green building code and with LEED certification. Read more here: Defense Department to Adopt Green Code and LEED. We have entered a new era of green building policy. The Army is abandoning LEED certification.

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Green Building Transactional Due Diligence

Green Building Law Update

As ever larger numbers of green buildings are bought and sold, due diligence related to the green features of commercial buildings takes on an increasing importance. Green Building Council, was also a co-originator of Phase I ASTM standard. It is curious that Mike Italiano, one of the three founders of the U.S.

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Not April Fool's: Defense Department to Adopt Green Code and LEED

Green Building Law Update

In last week's post, I stated that the Army was abandoning LEED certification in lieu of a green building code based on ASHRAE 189.1. Instead, the Department of Defense is going to simultaneously require compliance with its green building code and with LEED certification. This new code, based heavily on ASHRAE 189.1,

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Could Solyndra Happen To Green Building Policy?

Green Building Law Update

As I started thinking about the broader implications of the Solyndra collapse, I could not help but draw parallels to a similar federally-funded green project that has not panned out as expected: Destiny USA. " To support the project, the developer applied for a $2 billion Green Bonds program that Congress passed in 2004.

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Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

Regency Centers Corporation, a publicly traded REIT, completed the sale of $250 million of “green building bonds” on May 14, 2014. ” Only days before the green building bond sale, on May 12, 2014, Regency was honored by the U.S. Green building bonds are a new investment vehicle in the U.S.

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LEED Commercial Interiors can Save the Planet

Green Building Law Update

LEED Commercial Interiors projects present the best single opportunity for greening buildings. Green Building Council’s LEED (the ubiquitous acronym for Leadership in Energy and Environmental Design), the most widely used green building rating system in the world, less than 1% of commercial buildings in the U.S.