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Carbon Footprint Legislation Could Press Hard on Industry
Publication Date: 15-APR-09
Author: Pam Radtke Russell Format: HTML
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Description: While it is uncertain exactly how the U.S. will address climate change, it is clear that any regulations aimed at reducing the nation’s carbon footprint will impact construction—for better and for worse. Potential winners are those companies that build powerplants, transmission lines and install energy-efficiency measures. Firms that are leaders in sustainable building and design are also well positioned to profit from carbon regulations. Potential losers, however, will not be as clear until legislation to regulate carbon is finalized. “There are ways that it can have benefits and drawbacks,” says Calli Schmidt, spokesperson for the National Association of Home Builders. “We’re waiting to see to what actually gets passed.”
Generic Keywords: (What are these?)
Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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