Green Building Sails On

Green Building Sails On, Despite Rough Economy

May 14th, 2012 - From green schools to green hospitals and even green labs, sustainable construction practices are becoming increasingly mainstream, as evidenced by the fact that the U.S. Green Building Council recently announced that it had certified over 12,000 green build projects. There are studies showing that green homes command higher prices on the real estate market, higher rents with commercial tenants, and possibly even greater revenues for banks that house themselves within buildings with a green build certification.

Now, more good news, courtesy of market researcher SBI Energy: the market for green building projects is on the up and up, despite the sluggish worldwide economy. That market, currently valued at nearly $70 billion, is anticipated to reach almost $150 billion by 2016 (and $294 billion by 2021). read more>>>