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Better Buildings Initiative: Obama commits to 20% energy use reduction in commercial buildings.

February 3, 2011 By tmurray

President Obama has just announced a collection of initiatives and actions that are designed to encourage a 20% reduction in energy use by commercial buildings by 2020.

The initiative calls for aggressive reform of existing tax (transforming the current deduction into a credit) and other incentives for retrofits. President Obama is calling on corporate and institutional leaders to committing to making progress toward this goal. The hope is a ten-fold increase in commercial retrofit take up. Also, the Administration is launching a Building Construction Technology Extension Partnership to provide workforce training in areas such as energy auditing and building operations.

More Details:

http://www.whitehouse.gov/the-press-office/2011/02/03/president-obama-s-plan-win-future-making-american-businesses-more-energy

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