Earl's Energy Adventure - Part 3

Posted by: Earl

Earl
James Jao is a certified foreign expert so designated by the China State Council on Planning and Economic Development. In an op-ed piece in the China Daily newspaper Mr. Jao recommends that the Chinese government require mandatory adoption of green building technologies.  Earl can’t agree more. He froze his “you know what” off in Beijing (because it was cold and snowing out) and in Shanghai (because if was chilly and few office buildings he was in had central heat) last week.

Mr. Jao pointed out that in 2004 green building comprised approximately 2 percent of the new US “nonresidential” construction market. Projections were cited that indicate that by 2010 between 5 and 10 percent of new non-residential construction starts will be based on principles of green buildings. He further notes that there is not currently a dominant “green” building product manufacturer in any building category.  This, he suggest, is the biggest motivation for the market and a great business opportunity for China to seize. Read this to mean that China will be poised to dominate this market segment when the US ultimately adopts these standards.
 
I’ve previously suggested that there is tremendous opportunity for the US to lead the way in green building technology. We need to continue to provide that leadership because a giant economy is currently poised to get unleashed. The US has long been the country that fosters and develops new technologies. Mr. Jao is suggesting China learn from the US and become the leader in a whole new industry based on green building technology. The whole world benefits from the greening of China and their ability to produce low-cost products but I would rather that the US not miss out on an opportunity to continue to lead the way.
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