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Expert Insight

Better Building Initiative


Date: December 16, 2011 at 8:55 AM

As part of the Better Buildings Initiative, the Obama Administration announced a Presidential Memorandum on December 2, 2011 directing “nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years.” The Administration’s announcement states that these “investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector.” $2 billion comes from private and non-Federal commitments, from companies such as 3M, GE and Alcoa, and state and local governments such as the State of Minnesota, the District of Columbia,… [more]

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