Energy Efficiency and the Future of Real Estate
This book explores how energy efficiency is a major component in the development of sustainable real estate. Efficiency is one of the most frequently-mentioned aspects of government policies for green building design in the United States and around the wo
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N. EDWARD COULSON, YONGSHENG WANG, AND CLIFFORD A. LIPSCOMB
the d n a y c n e Effici y g r e En
te a t s E l a of Re e r u t u F
Energy Efficiency and the Future of Real Estate
N. Edward Coulson · Yongsheng Wang Clifford A. Lipscomb Editors
Energy Efficiency and the Future of Real Estate
Editors N. Edward Coulson Merage School of Business University of California, Irvine Irvine, CA, USA
Clifford A. Lipscomb Greenfield Advisors Cartersville, GA, USA
Yongsheng Wang Washington and Jefferson College Washington, PA, USA
ISBN 978-1-137-57445-9 ISBN 978-1-137-57446-6 (eBook) DOI 10.1057/978-1-137-57446-6 Library of Congress Control Number: 2017939876 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © JOHN KELLERMAN/Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. The registered company address is: 1 New York Plaza, New York, NY 10004, U.S.A.
We would like to dedicate this book to our families for their sacrifices made in allowing us to work on this endeavor. Ed Coulson thanks Linda and Brendan. Yongsheng Wang thanks Ruihua, Freddie, Changzhong, and Suzhen. Clifford Lipscomb wishes to thank his wife Amelia, his mother Angie, and his children Thoreau, Hadassah, Garrison, Araminta, and Barnette.
Acknowledgements
We would like to acknowledge the input of Allison Neuburger and Sarah Lawrence. In addition, the editors would like to acknowledge the work of Greenfield Advisors employees Joe Schulman and Patty Eagar for editorial assistance.
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Contents
1 Introduction 1 N. Edward Coulson, Clifford A. Lipscomb, Yongsheng Wang and Avis Devine 2
Why Energy-Efficient Commercial Real Estate Matters 9 Avis Devine
3
Energy Efficiency and Green Buildin
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