Five Strategies For Commercial Real Estate Under The Biden Administration

The outgoing executive administration`s lasting impact on the natural environment, clean energy landscape and transition to a decarbonized, climate-aligned U.S. economy is palpable — with the equivalent of 1.8 billion metric tons of CO2 added by 2035, a figure nearly one-third of all U.S. emissions in 2019.

Even an extreme economic disruption like the global Covid-19 pandemic is expected to yield only about a 7% annual CO2 emission reduction. For reference, the UN Environment Programme advises cutting global emissions by 7.6% each year until at least 2030 to have hope of achieving Paris Agreement goals. Compared to 2019, this emissions gap has not been narrowed and — so far — remains unaffected by the pandemic...

...CRE owners, executives and investors looking to align with the Biden administration`s sustainability criteria ought to take a similar approach and consider the following:

1. Submit to the staying power of ESG:
2. Recognize decarbonization is your fight, too:
3. Benchmark, adapt, monitor and repeat:
4. Play the long game:
5. Be resourceful:

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RSK: Be interesting to see if they do jump on the Biden Program...can tell this was written by a partisan person.

Ken Notes: READ THIS if the Georgia vote goes democrat the strategies here are golden...