Green Building Focus
Wachovia Capital Markets' The Greening of America
This publication of Wachovia Capital Markets LLC, contains case studies highlighting the sustainable-driven efforts of 46 innovative companies in the nation. The case studies illustrate how corporate America is being challenged by, responding to, and profiting from the sustainable revolution. |
| Green Building movement gaining momentum in Northern California: USGBC |
| Mercury News - June 1 |
Dan Geiger, who oversees the U.S. Green Building Council's Northern California chapter says that the green building movement has gained momentum in the last five years and continues to increase dramatically, even in a down construction market. The U.S. Green Building Council's Northern California LEED rating has been earned by 1,379 U.S. buildings and 585 homes, which includes three Adobe Towers in downtown San Jose and the city's West Valley Branch Library as well as three homes in Capitola and 40 in San Jose. |
| Napa winery Far Niente installs $4.2 million solar energy system |
| GreenBiz - May 30 |
Napa-based Far Niente winery installed a $4.2 million solar energy system that will supply all of the winery's needs. The system relies on a combination of land-mounted and "Floatovoltaic" solar arrays that are expected to generate 400 kilowatts at peak output. Napa Valley wineries are adopting solar energy for their operations more than 40 times faster that the state's general business community, estimated Dan Thompson of SPG Solar, the Novato, California-based company that developed and installed Far Niente's solar energy system. |
| California to unveil second state prison to run on solar power |
| Government of California - June 2 |
California is set to unveil a 1.18 megawatt (MW) solar power plant at its Ironwood State Prison that provides enough electricity to power a quarter of the facility's needs. SunEdison, a unit of Edison International, built and will run the plant. Ironwood is the second prison in California to host a solar power plant and it will save about $50,000 a year in electricity costs, according to Harry Franey, chief of the Energy Management and Sustainability Section of the state's Department of Corrections and Rehabilitation. |
| Green Building sector surviving US housing slump |
| Environmental Leader - May 27 |
The green building industry saw an estimated $12 billion in revenues in 2007 and could top $42 billion by 2015, according to an article by Environmental Leader. The USGBC's goal of reaching 100,000 LEED-certified commercial projects by 2010 is a sign the council doesn't foresee any deterioration of interest in green building. |
The White House criticized legislation that could cut climate change |
| Reuters - June 2 |
The White House criticized legislation in the U.S. Senate that is aimed at controlling climate change, arguing it would cut economic growth and lead to soaring gasoline prices. The legislation the Senate will debate, which is not expected to become law in 2008 amid a presidential election, could cut total U.S. global warming emissions by 66 percent by 2050, according to a summary of the measure.
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