Bank of America's $20B, Green Residential Traction, + Daylight-Savings Tips (WIR)

Week in Review
  1. Bank of America Announces $20 Billion Environmental Initiative – BofA announced a $20 billion initiative to support the growth of environmentally sustainable business activity to address global climate change. Bank of America’s ten-year initiative encourages development of environmentally sustainable business practices through lending, investing, philanthropy and the creation of new products and services.
  2. Residential Green Building Slow to Gain Momentum – The major homebuilders, who account for 80 percent of all homebuilding activity in the nation, face a unique challenge in implementing green building on a widespread scale. Many have added energy-saving features and experimented with environmentally friendly materials but have not yet been able to sign on a critical mass of buyers willing to pay more for them.
  3. Easy, Eco-friendly Ways to Put Those 21 Extra Hours of Evening Daylight to Good Use This Spring – Tomorrow, the entire nation will spring forward three weeks early, gaining an extra 21 hours of evening daylight. Since energy conservation is the driving force for the early time change, Lowe’s is encouraging homeowners to utilize these hours wisely with some simple, green projects that would make Mother Nature smile.

Don’t forget to spring forward tonight. 

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  • Preston

    EDS NOTE: received an email from a reader on story #2 and thought the remarks ought to be available to all readers. I decided to leave out the name of the person due to the tone in the first email.

    Email #1:
    I’m tired of seeing stories like the one you are including on how slow green building is getting going. Screw the production builders!! If they don’t pull their head of of their a** and start doing it on there own the buyer will MAKE them do it, or they won’t buy what they have to sell. it’s really that simple. instead of focusing on the negative side, how about some stories about production builders that HAVE gone green and their success with it.

    EDS NOTE: if you’re a JG reader, you know that about 99% of the stories I write showcase the positives of green building, including the financial case and alternative benefits case for green building.

    Email #2:
    I’ve just started getting the JG newsletter and most of the stories as you say ARE positive. Didn’t mean to jump all over you. As a small green builder and my circle of other small green builders, we are VERY busy.

    The production builders will have to go to green or their product eventually wont sell. In Austin, TX if your home is not built green it either doesn’t sell or it takes a whole lot longer to sell.

    At green subdivision in Stockton the developer told me that the green one was outselling the non green ones 4 to 1!! peoples comments were, “it’s about time you guys did something like this”, etc.


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