Calculating the Costs of Moving to Net Zero

Cutting greenhouse gas emissions will affect real estate investors. The question is how much?

In August, the Intergovernmental Panel on Climate Change issued a harrowing report that concluded that nations had waited too long to curb fossil fuel emissions and there is no longer a way to stop global warming from intensifying over the next 20 years.

That has put renewed pressure on countries to cut emissions to avoid an even worse trajectory. In the U.S., many cities and states are enacting net zero legislation with Boston becoming the latest city to pass an ordinance that sets emissions performance standards on existing buildings with the goal of decarbonizing the city’s large building stock by 2050...




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RSK: At this point I do not believe you do this to have net zero cost because it will be hard to recoup your investment in it. You do it to be net zero on energy which in the long run may break even.



- - Volume: 9 - WEEK: 45 Date: 11/2/2021 8:21:38 AM -