Gallery: President Obama Announces $4 Billion in Energy Upgrades to Exi...

 

Yesterday, President Obama and former president Bill Clinton announced a combined $4 billion commitment in public and private funding for energy upgrades to existing buildings. The cash is pledged as part of the President’s Better Buildings Challenge, which was announced earlier this year to motivate buildings to become 20% more efficient by 2020. The President, by way of a Presidential Memorandum, committed to $2 billion in upgrades to federal buildings over the next two year, which will save much more in the long run in reduced energy costs. That commitment was met by $2 billion in private sector funding to make 1.6 billion square feet of office, industrial, municipal, hospital, university, community college and school buildings more energy efficient.

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  1. Buildingwell December 6, 2011 at 11:51 am

    Greening our existing building stock should be a major priority to help reduce our energy consumption. Rather than building newer, greener buildings, we should be upgrading all the numerous buildings we already have. This initiative is a great push in the right direction.

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