It?s a fact: Zero Carbon Buildings are not only good for the planet, but a good financial investment too.
The Canada Green Building Council in February issued a report that proves Zero Carbon Buildings offer meaningful greenhouse gas reductions and positive financial returns. Entitled ?Making The Case For Building To Zero Carbon,? the report ? a first of its kind in Canada ? confirms that Zero Carbon Buildings are financially viable today with a positive financial return over a 25-year life-cycle. It also highlights that industry is at a tipping point: the business case for Zero Carbon Buildings is going to get stronger each year due to the rising cost of carbon pollution.
The positive financial return is inclusive of carbon pollution pricing and requires only a modest capital cost premium at the outset. The CaGBC study provides a strong business case for property owner / operators to construct innovative green buildings today and reap financial benefits well into the future. There are also important financial benefits that were not quantified in the study, such as greater value to tenants, future-proofing against higher costs for utilities and carbon pollution, greater resiliency against future weather events, and avoiding costly future retrofits.
?This study demonstrates the importance of using Zero Carbon Buildings as part of our toolbox to achieve a sustainable future,? says Michael Brooks, Chief Executive Officer of REALPAC, a national association dedicated to advancin...