President Obama: 20% improvement in energy efficiency will save $40 billion

February 04, 2011

President Obama’s Better Buildings Initiative, announced February 3, 2011, aims to achieve a 20% improvement in energy efficiency in commercial buildings by 2020, improvements that will save American businesses $40 billion a year. Key elements of the Better Building Initiative program:

  • New tax incentives for building efficiency
  • More financing opportunities for commercial retrofits
  • "Race to Green" for state and municipal governments that streamline regulations and attract private investment for retrofit projects
  • The Better Buildings Challenge
  • Training the next generation of commercial building technology workers

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