nick greene: Green Building
- 05/28/08 08:05 AM
"As ‘green' becomes law it could result in forced obsolescence and write-downs for non-green real estate assets along with substantial capital expenditure obligations to meet the new standards," said one Ernst & Young analyst. Ernst & Young has "Radical Greening" on their Strategic Business Risk: 2008 - The Top 10 Risks for Business report. Ernst & Young says "We use the term radical greening to apply to the increasing environmental concerns which could be the result of a wide range of pressures - from the voluntary world of corporate social responsibility - to hard regulatory and economic necessity. CoStar … (2 comments)
"As ‘green' becomes law it could result in forced obsolescence and write-downs for non-green real estate assets along with substantial capital expenditure obligations to meet the new standards," said one Ernst & Young analyst. Ernst & Young has "Radical Greening" on their Strategic Business Risk: 2008 - The Top 10 Risks for Business report. Ernst & Young says "We use the term radical greening to apply to the increasing environmental concerns which could be the result of a wide range of pressures - from the voluntary world of corporate social responsibility - to hard regulatory and economic necessity. ;)
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