February 24, 2016
by Megan Nordgrén
Sustainability trends are constantly evolving and at GreenHomeNYC’s annual Green Catwalk, a number of hot topics were placed center stage as seven speakers discussed issues like carbon assets, solar technology, sustainable modular housing, green financing and benchmarking.
Carbon Offsets in the Building Industry
Reed Shapiro, Director of Business Development at Carbon Credit Capital, started the evening by making a case for integrating carbon offsets in the building industry. To avoid exceeding a global temperature increase of 2°C, broadly seen as the planetary tipping point for catastrophic impact from climate change, we need to look at the critical role that buildings play in greenhouse gas emissions.
Buildings make up approximately 40% of the annual 5 BT U.S. greenhouse gas emissions: 15% through manufacturing, 83% through use, and the remainder through design, distribution, on-site operations, and demolition or refurbishment.