Cost of Building Green GoesDown

eartrh.jpgPerception has held for a long time that “building green” was always more expensive than building in so called “traditional” manners. Of course, we’ve always argued than almost all extra up-front costs are accounted for before too long, and those that aren’t are paid for indirectly via PR, HR or other less easy to quantify benefits.
Well, according to WBSBD those tangible, financial costs may be over-stated by as much as 300%! That should be more than enough to get most construction projects thinking a little harder about engaging in at least some basic green practices.
The whole report is available here. The bottom line suggest that the 17% premium originally suggested for “green” projects is really more like 5%.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.