Welcome again to Sustainability Avenue, our podcast on the intersection of economic actual property and the world we reside in.
Final month, I chatted with Elizabeth Beardsley, senior coverage counsel for the U.S. Inexperienced Constructing Council, in regards to the state of local weather motion within the U.S. and globally. Regardless of considerations that our subsequent president can be much less eco-friendly than President Biden, Beardsley mentioned there was optimism that sustainable progress within the U.S. and overseas would proceed.
Three weeks into Trump administration, that optimism has been rattled. On inauguration day, President Trump rescinded Biden-era govt orders that sought to place local weather motion and environmental justice entrance and heart, he shifted the nation away from renewable power and he froze Congressionally-approved funds from the Inflation Discount Act and Bipartisan Infrastructure Act. He has additionally took intention at environmental regulation. Related actions have adopted.
For this episode, I focus on the consequences of the president’s early actions with Ben Evans, Federal legislative director for the U.S. Inexperienced Constructing Council—what they imply for business actual property, the nation and the world.
*”Shock and awe” involves sustainability (1:22)
*A world retreat (3:59)
*The funding freeze and the Inflation Discount Act (6:47)
*Unplugging the electrification push (10:40)
*The lack of GSA management (12:12)
*The shift again to fossil fuels (13:50)
*Deregulation considerations (15:40)
*The street forward (19:50)
