Even with the new COP27 agreements adopted last week, emission reductions, including those of the building and construction sector that account for 40% of energy-based carbon emissions, are not on track to reach net zero by 2050.
Even with the new COP27 agreements adopted last week, emission reductions, including those of the building and construction sector that account for 40% of energy-based carbon emissions, are not on track to reach net zero by 2050.
To meaningfully contribute to meeting the administration’s goal of achieving a 50%-52% reduction from 2005 greenhouse gas emission levels by 2030, and a net-zero emissions economy by 2050, the department of the treasury should align with the U.S. Department of Energy (DOE) and affirm the most recent version of the standard, ASHRAE Standard 90.1-2019, as the reference building standard.