Global Survey Shows “Green” Construction Costs Dramatically Lower Than Believed

From wbcsd.org: “Survey finds green costs overestimated by 300% and a need to foster zero net energy construction. Key players in real estate and construction misjudge the costs and benefits of “green” buildings, creating a major barrier to more energy efficiency in the building sector, a new study by the World Business Council for Sustainable Development (WBCSD) reports.”

Respondents to a 1400 person global survey estimated the additional cost of building green at 17 percent above conventional construction, more than triple the true cost difference of about 5 percent. At the same time, survey respondents put greenhouse gas emissions by buildings at 19 percent of world total, while the actual number of 40 percent is double this.” Global Survey Shows “Green” Construction Costs Dramatically Lower Than Believed