Actions Sought
The AIA supports legislation that places a mandatory regulatory “cap” on total GHG emissions — both nationally and with respect to current individual emitters. In time, these caps would be reduced to guarantee that future emission levels decline on an aggregate basis. In order to exceed their regulatory caps, emitters would be required to purchase allowances from others who had reduced their emissions in excess of the amount required by regulation.
The AIA also seeks to incorporate within a cap and trade system a mechanism to reduce the GHG emissions caused by energy use in buildings.
Explanation and Justification
The cap and trade system mandated by the Clean Air Act Amendments of 1990 has been very successful in reducing the emissions of sulfur and nitrogen compounds generated by utility boilers. Such a system is now in place in the European Union to achieve the GHG emissions reductions mandated by the Kyoto Protocol. In September 2006, the Congressional Budget Office released a report recommending that a cap and trade system be considered as a cost-effective market measure to reduce GHGs.
Buildings in the United States, including homes, offices and industrial sites, account for more than 40 percent of our nation’s carbon dioxide emissions, most of which come from the combustion of fossil fuels to provide heating, cooling and lighting, and to run electrical equipment and appliances. When combined with other GHG impacts of buildings — such as emissions from the manufacture of building materials and products, the transport of construction and demolition materials, and the passenger and freight transportation associated with urban sprawl — the result is an even larger GHG footprint. Thus, an effective U.S. climate change strategy must consider options for reducing GHG emissions associated with building construction, use and location.
Energy-efficient building design strategies and technologies currently exist, and would require only modest levels of investment to implement. They would provide payback of the capital investment required to implement them over a short period of time and generate additional savings thereafter. By taking advantage of these opportunities, the United States could enjoy a more competitive economy, cleaner air, lower GHG emissions, and less dependence on foreign oil.
Global warming is the principal emerging environmental issue that requires the attention of 110th Congress. The AIA seeks to extend its assistance regarding the GHGs contributed by the built environment as lawmakers craft solutions to these challenges.
What America Thinks
In a nationwide poll of voters (1,000 sample, margin of error +/- 3.1) conducted January 3-5, 2006, by two respected national pollsters — The Tarrance Group, a Republican firm, and Lake Snell and Perry, a Democratic firm — 74 percent of voters polled said that “government should take the lead in promoting real estate development that conserves our natural resources such as oil, gas, and electricity.”
In addition, 71 percent of voters polled believe that “global warming is already having an affect on weather, and government should immediately put into effect new energy policies that drastically reduce greenhouse gas emissions that maybe causing climate damage.”