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[greenyes] Fwd: Great quote on Green Building savings
- Subject: [greenyes] Fwd: Great quote on Green Building savings
- From: Gary Liss <gary@no.address>
- Date: Tue, 04 Nov 2003 11:53:07 -0800
Apologies for cross-postings
Source: October 9 Environmental Committee Newsletter, Silicon Valley
Manufacturers Group, from Margaret Bruce <mbruce@no.address>
The State of California recently released a report entitled "The Costs and
Financial Benefits of Green Buildings". A quote by Aileen Adams,
Secretary of State and Consumer Affairs, was most impressive. "While the
environmental and human health benefits of green building have been widely
recognized, this comprehensive report confirms that minimal increases in
upfront costs of 0-2% to support green design will result in life cycle
savings of 20% of total construction costs -- more than ten times the
initial investment. In other words, an initial upfront investment of up to
$100,000 to incorporate green building features into a $5 million project
would result in a savings of $1 million in today's dollars over the life of
the building." The 130 page report can be downloaded from:
http://ciwmb.ca.gov/GreenBuilding/Design/CostIssues.htm#Cost&Benefit
Gary Liss
916-652-7850
Fax: 916-652-0485
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