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On the Cost of Building “Green”

“Green” construction is gaining in popular market awareness, with 13% of the United States commercial office stock now certified by LEED and/or ENERGY STAR. It has become common knowledge that buildings can play a key role in the reduction of energy consumption and carbon emissions. Yet new construction and building refurbishments are still mostly conventional: in the United States just 38 percent of current construction is earmarked as “green,” while some 12 percent of total construction employment was in green construction in 2011.

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