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Michael Stevens

Going Green Could Be a $100 Billion Business by 2017

Posted by Michael Stevens
Michael Stevens
Mr. Stevens possesses over 20 years of proven corporate marketing, sponsorship and sales promotion experienc...
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on Thursday, 15 December 2011 in Green Building ·
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CNBC.com - Stephanie Dhue; December 15, 2011

Bringing greater energy efficiency to commercial buildings promises to be big business. Pike Research estimates the market will increase to $100 billion by 2017.

Companies doing retrofits — including Johnson Controls, Honeywell, United Technologies, and Ameresco — stand to reap the benefits from buildings going green. Property managers are also promoting the cost savings and other benefits of energy-efficient building.

Randy Harrell of CBRE said green buildings are more desirable, especially for high quality tenants.

©Stephanie Dhue
Tags: going green, green building
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