The past month has seen shock waves resonating throughout the world of sustainable architecture with two monumental reports on green building backed by some serious changes in public policy. First, the CEC released “Green Building in North America: Opportunities and Challenges”, which lauded sustainable buildings as the quickest, cheapest, and most substantive way to cut down on North American greenhouse gas emissions. Next, CoStar released a comparison report stating that LEED buildings consistently outperform their peers in terms of occupancy rates, sale prices, and rental rates, with demand far outnumbering their supply. And, last week on Earth Day, Los Angeles approved a green building ordinance that signifies a significant shift towards a policy and market-driven era of economically and environmentally viable building.
