Climate Change and Energy (JPM)

IREM Approves Position on Climate Change and Energy

Source: Jul/Aug 2007 issue (Volume 72, Number 4) of JPM�, Journal of Property Management.

In response to Congress�s increased focus on climate change and energy conservation, IREM approved and lobbied a position on the issue. The position states IREM�s support of incentives for energy conservation activities. Further, IREM expressed its support of energy tax credits and voluntary programs like Energy Star and EPA�s Green Lights.

IREM specifically supports the development of voluntary standards for reducing greenhouse gas emissions, including the use of sustainable materials in the construction of buildings, and programs that reduce the �carbon footprint� of real estate assets. However, requirements to retrofit existing buildings must take into consideration the needs of the buildings and costs associated with such changes. Additional research is necessary to determine to what level greenhouse gases are affecting the environment versus natural climatic changes humans cannot control.�

During the Capitol Hill Day visits in April, IREM members urged their U.S. senators and representatives to focus on voluntary standards for new construction and existing properties.