SlideShare une entreprise Scribd logo
1  sur  46
Télécharger pour lire hors ligne
Three Simple Things Government Can
             Do to Create Jobs

                           Governing Sustainability Summit
                                       New York City – June 21, 2011

                                                                  Elton B. Sherwin
                                                                  Sr. Managing Director
                                                                  Ridgewood Capital

                                                                  Author of
                                                                  The Silicon Valley Way and
These slides express the opinions of the author and               Addicted to Energy
have not been endorsed by any organization or government agency
Agenda
• Connect the dots: Building efficiency = jobs
  – Improving building efficiency creates jobs


• Policy recommendations
  – Potential to create millions of jobs
  – Permanent, sustainable American jobs
     • Do not require ongoing subsidies
     • Cannot be offshored
  – Modeled on New York City
     and San Francisco programs
                                                 525 University Ave.
                                                 Palo Alto, CA
Thought experiment                Old Town    Green Town

         Imagine Two
      Identical Towns
  • Once a month all building owners go up on
    their roofs and burn money
       – In “Old Town” everyone burns $1,000
       – In “Green Town” everyone burns only $100
       – Both towns do this every month
  • Towns are otherwise identical
  • After one year, which town is richer?
  • After ten years, which town has more jobs?
Why Does “Green Town” Have More Jobs?
Shift Spending from Utility Bills to
Construction and Retail = New Jobs
Improving Building Efficiency
           = Jobs
Improved Efficiency
       Creates Jobs Several Ways
• Initial labor
   – Contractors
• Savings
   – “Export” fewer energy dollars
   – Increased local spending
• Wealthier individuals and businesses
   – Spend more
• More competitive infrastructure
Green Town




         Green Town:
            Is richer

        Has more jobs

Smarter place to buy real-estate

 Better place to raise children
Upgrading Building Efficiency
                 Creates Jobs
                  Not happening at scale




Houston Skyline
Really Hard to Motivate Action

 Even on projects that save money
How Do We Motivate
 Private Investment?
I Would Like to:
              Grade every building A+ to D-
        Based on their actual energy consumption
           Post the grade above the front door




                                   D+                               C+
             B-          D-                    C+
 D-
                                                                         D-   C+   B-
                              D-                  B            A-
Grades for illustration only, not based on real measurements
In Some Cities the “D” Buildings
        Use More Than Half the Electricity
             Just motivating them to upgrade to a C
                       would be a big win




                                   D+                               C+
             B-          D-                    C+
 D-
                                                                         D-   C+   B-
                              D-                  B            A-
Grades for illustration only, not based on real measurements
Lets talk about realistically
what can be done.            Analyzed 17
                       Building Rating Systems
                                     Around the World




                                European Unions Energy Performance Certificates
                                         UK Display Energy Certificates
                                           LEED – New Construction
                                              LEED – Health Care
                                     ENERGY STAR – Commercial buildings
                                             ENERGY STAR homes
                                            PlaNYC (New York City)
                                        Australia’s Greenhouse Rating
                                                      HERS
                                                    ASHRE EQ
                                                CALGreen level 2
                                               California AB 1103
                                               California AB 758
                                        DOE home energy scoring pilot
                                          Passive Home Certification
                                                 City of Seattle
                                                 San Francisco                 Details at Slideshare.com
Winning Strategy
         New York and San Francisco
                        Required to calculate
                        ENERGY STAR score




                  High = 100
                   Low = 1




                               After two years:
                               Public disclosure

New York, San Francisco, Washington DC, Seattle, and the State of California
           all use the same rating tool: US EPA Portfolio Manager
An example


       Rating + Disclosure = Action
  Class A office
  • Score of 17
  • Hire an auditor, who discovers
       – Error in building control software
       – Valves set incorrectly
       – Wires reversed
       – Wrong windows on south side of the building
  • And upgrades are made
  • Jobs are created
Public Disclosure of ENERGY STAR Scores
            Will Create Jobs
  • Construction trades*
        –   General contractors
                                                                           =
        –   HVAC mechanics and installers
        –   Electricians
        –   Plumbers
  • Manufacturing
        – Building materials, windows and coatings
  • Environmental scientists, specialists, and technicians
  • Energy auditors and accountants
  • Truck drivers and more…
*Renewable Energy and Energy Efficiency: Economic Drivers for the 21st Century, Roger Bezdek.
What Can Your City/State Do?
1. Disclose ENERGY STAR ratings
  – Government buildings
  – Schools
  – Contests
2. Copy San Francisco or NYC Regulation
  – Straightforward
  – Requires all commercial buildings to calculate
    Energy Star score
  – In year 2: disclose it on the city website
3. Celebrate buildings scoring 90+
Celebrate Success
New York City
• 111 Offices
• Five Banks
• Four K-12
• Two Hotels
• One Hospital
• One Courthouse
Two built in 1800’s
• 49 before WW II


   http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
Palo Alto, CA

           Celebrate Success
Built in 1966
• Lots of exposed glass in a
  sunny climate
• Property Manger:
       CB Richard Ellis                  525 University Ave.
                                         Palo Alto, CA




   87                      94     94          92
    2007                   2008   2009         2010
East Palo Alto, CA

       Celebrate Success
                                      • Lighting retrofit of 397 fixtures
                                        saves over $5,000 per month.
                                         – Breakeven less than two years
                                      • Anticipated savings are
                                        $822,460 over 10 years
          University Circle           • Property Manger:
          East Palo Alto, CA
                                             Wells Real Estate



85                             86               92                  90
2007                           2008              2009                2011
Every City and State Should Be
          Able to Do This
1. Disclose ENERGY STAR ratings
  – Government buildings
  – Schools
  – Contests
2. Copy San Francisco or NYC Regulation
  – Straightforward
  – Requires all commercial buildings to calculate
    Energy Star score
  – In year 2: disclose it on the city website
3. Celebrate buildings scoring 90+
Sherwin’s Law



                   “When performance is graded
                     performance improves.

            When grades are published,
       the rate of improvement accelerates.”



Phrasing adapted from Thomas S.
                                                  A
            Monson
National Target
• Above 60: all existing buildings
• Above 80: all new buildings




   vs. 2003 average ENERGY STAR score
Three Simple Things You
         Can Do to Create Jobs
1. Disclose ENERGY STAR ratings
  – Government buildings
  – Schools
  – Contests
2. Copy San Francisco or NYC Regulation
  – Straightforward
  – Requires all commercial buildings to calculate
    Energy Star score
  – In year 2: disclose it on the city website
3. Celebrate buildings scoring 90+
Questions and Answers
        with
   Back-up Slides
Question: Take another minute
 to connect building efficiency
          with jobs.
An example


       Rating + Disclosure = Action
  Class A office
  • Score of 17
  • Hire an auditor, who discovers
       – Error in building control software
       – Valves set incorrectly
       – Wires reversed
       – Wrong windows on south side of the building
  • And upgrades are made
  • Jobs are created
Over One Million Jobs
            Just in California
Accelerating the Pace of Energy Efficiency




 *Renewable Energy and Energy Efficiency: Economic Drivers for the 21st Century, by Roger Bezdek.
       Bezdek’s results are summarized here by Aaron Lehmer, in Renewable Energy Development Creates More Jobs than
  Fossil Fuels.
       Almost all the jobs created in the energy efficiency category relate to buildings and their contents. The actual
  number of new jobs created by aggressive programs promoting building, appliance and electronics efficiency may be
  closer to 16 million jobs nationwide (32.18 million minus 14.9 million minus the transportation sector). California’s share
  of these jobs is at least 10% or 1.5 million. The challenge is to accelerate these jobs from into the current timeframe and
  to get on the advanced scenario, which could created these 1.5 million additional jobs.
References
Job Creation data
• Energy Pathways for the California Economy, David Roland-
   Holst and Fredrich Kahrl, UNIVERSITY OF CALIFORNIA
• Renewable Energy and Energy Efficiency: Economic Drivers for
   the 21st Century, Roger Bezdek.
More Conservative Estimates
• The Center for American Progress, using a
  more conservative methodology, estimates
  that doing deep energy upgrades on 50
  million buildings would create 625,000
  permanent new jobs.
 http://www.energyfuturecoalition.org/files/webfmuploads/R
 ebuildingAmerica_Vision_Statement_FINAL.pdf
Question: Are buildings
required to upgrade if they score
             poorly?
            Answer: No
And Senior Care Facilities and Data Centers
References
ENERGY STAR Hyperlinks (click on reference)
• ENERGY STAR Program for commercial buildings.
• San Francisco benchmarking legislation
• New York City benchmarking program overview
• Overview of all US disclosure programs (from IMT)
Question: Where can we find a
 list and map of Energy Star
          buildings?

     Answer: On the EPA website
EPA Website Available Today
New York City
• 111 Offices
• Five Banks
• Four K-12
• Two Hotels
• One Hospital
• One Courthouse
Two built in 1800’s
• 49 before WW II


   http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
Afterwards, a question in the hallway:



Question: My city won’t force
 building owners to disclose
anything. What should we do?
Check the EPA Website




http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
Focus on the Winning Buildings
1. Disclose ENERGY STAR ratings
  – Government buildings
  – Schools
  – Contests
2. Copy San Francisco or NYC Regulation
  – Straightforward
  – Requires all commercial buildings to calculate
    Energy Star score
  – In year 2: disclose it on the city website
3. Celebrate buildings scoring 90+
Question: What about
residential buildings?
Additional Steps
                            Residential
 • Disclose last two years of energy costs*
   in residential MLS
 • Require disclosure with green claims
      – No “green” claims without disclosing actual
        energy consumption.
      – Five years of disclosure
           •    Prior two and next three years
      – Use signage laws


* Optionally, home sellers can disclose a HERS score.
Use Signage Laws to Ban Advertising
        Without Disclosure


          Energy Saving
          Green Home
         (Data not disclosed)



                                Require
                                • Last 2 yrs utility bills
                                • Next 3 yrs
A
             For the Brave

    Grade Every Building in the State
                A+ to D-
     Based on Energy Consumption

              And publish
              the grades
                1 Main St. D-
                2 Main St. A-
Send Window Stickers to the
        Top Performing Buildings
Posting is optional



          97
                                           C+




         Internet disclosure and window stickers
                  will create a lot of jobs
Translating Building Percentiles
   and ENERGY STAR scores
           to Grades
Letter to a fictional governor
  • 70 recommendations for
    state policy
  • Job creation




  Previous Book
  • Creating new products
  • Creating new companies



These slides: www.EltonSherwin.com and on slideshare

Contenu connexe

Similaire à Job Creation: Three Things Government Can Do

Creating Green Jobs - The Sherwin Plan
Creating Green Jobs - The Sherwin PlanCreating Green Jobs - The Sherwin Plan
Creating Green Jobs - The Sherwin PlanElton Sherwin
 
Building Ratings - London vs. New York
Building Ratings - London vs. New YorkBuilding Ratings - London vs. New York
Building Ratings - London vs. New YorkElton Sherwin
 
Explore the Value of LEED Green Building in the Market Today
Explore the Value of LEED Green Building in the Market TodayExplore the Value of LEED Green Building in the Market Today
Explore the Value of LEED Green Building in the Market TodayTorkBetterBusiness
 
About LEED | The world's most widely used green building rating system
About LEED | The world's most widely used green building rating systemAbout LEED | The world's most widely used green building rating system
About LEED | The world's most widely used green building rating systemUSGBC
 
Benchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesBenchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesCliff Majersik
 
Beyond Zero: Solar Value
Beyond Zero: Solar ValueBeyond Zero: Solar Value
Beyond Zero: Solar Valuem0dern1
 
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011James Finlay
 
Environmental Programs Status Update 02 18 10
Environmental Programs Status Update 02 18 10Environmental Programs Status Update 02 18 10
Environmental Programs Status Update 02 18 10ckrout
 
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8James Finlay
 
The ASHRAE Building Energy Labeling Program
The ASHRAE Building Energy Labeling ProgramThe ASHRAE Building Energy Labeling Program
The ASHRAE Building Energy Labeling ProgramDon Doherty
 
Green 101: Understanding Industry Standards
Green 101: Understanding Industry StandardsGreen 101: Understanding Industry Standards
Green 101: Understanding Industry StandardsCleanEdison
 
Climate Communities Ber Presentation 9.6.12
Climate Communities Ber Presentation 9.6.12Climate Communities Ber Presentation 9.6.12
Climate Communities Ber Presentation 9.6.12joreillyneep
 
Paths to Net-Zero Energy Sustainable Homes
Paths to Net-Zero Energy Sustainable HomesPaths to Net-Zero Energy Sustainable Homes
Paths to Net-Zero Energy Sustainable HomesDerek Satnik
 
ICLEI Green Business Challenge-Schmitz
ICLEI Green Business Challenge-SchmitzICLEI Green Business Challenge-Schmitz
ICLEI Green Business Challenge-SchmitzICLEI
 
Energy Technologies for Mid-Rise Buildings - Past, Present and Future
Energy Technologies for Mid-Rise Buildings - Past, Present and FutureEnergy Technologies for Mid-Rise Buildings - Past, Present and Future
Energy Technologies for Mid-Rise Buildings - Past, Present and FutureRayco Energy
 
Trends in Green Kitchens and Green Buildings
Trends in Green Kitchens and Green BuildingsTrends in Green Kitchens and Green Buildings
Trends in Green Kitchens and Green BuildingsDerek Satnik
 

Similaire à Job Creation: Three Things Government Can Do (20)

Creating Green Jobs - The Sherwin Plan
Creating Green Jobs - The Sherwin PlanCreating Green Jobs - The Sherwin Plan
Creating Green Jobs - The Sherwin Plan
 
Building Ratings - London vs. New York
Building Ratings - London vs. New YorkBuilding Ratings - London vs. New York
Building Ratings - London vs. New York
 
Explore the Value of LEED Green Building in the Market Today
Explore the Value of LEED Green Building in the Market TodayExplore the Value of LEED Green Building in the Market Today
Explore the Value of LEED Green Building in the Market Today
 
About LEED | The world's most widely used green building rating system
About LEED | The world's most widely used green building rating systemAbout LEED | The world's most widely used green building rating system
About LEED | The world's most widely used green building rating system
 
Benchmarking, Data, and Utilities
Benchmarking, Data, and UtilitiesBenchmarking, Data, and Utilities
Benchmarking, Data, and Utilities
 
Beyond Zero: Solar Value
Beyond Zero: Solar ValueBeyond Zero: Solar Value
Beyond Zero: Solar Value
 
Ncrc green panel 4 15-2011 t.wysocki
Ncrc green panel 4 15-2011 t.wysockiNcrc green panel 4 15-2011 t.wysocki
Ncrc green panel 4 15-2011 t.wysocki
 
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011
Solar PV Valuation -Valley Green Bldg Conf 06 23 -2011
 
Denver0/28_Stephen Antupit
Denver0/28_Stephen Antupit Denver0/28_Stephen Antupit
Denver0/28_Stephen Antupit
 
Environmental Programs Status Update 02 18 10
Environmental Programs Status Update 02 18 10Environmental Programs Status Update 02 18 10
Environmental Programs Status Update 02 18 10
 
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8
GREEN 14: High Perf Bldg Apprasial Techniques UCLA-08-23,2010 -J Finlay8
 
The ASHRAE Building Energy Labeling Program
The ASHRAE Building Energy Labeling ProgramThe ASHRAE Building Energy Labeling Program
The ASHRAE Building Energy Labeling Program
 
Why Build Green?
Why Build Green?Why Build Green?
Why Build Green?
 
Green 101: Understanding Industry Standards
Green 101: Understanding Industry StandardsGreen 101: Understanding Industry Standards
Green 101: Understanding Industry Standards
 
Rfa angel list 23jun13
Rfa angel list 23jun13Rfa angel list 23jun13
Rfa angel list 23jun13
 
Climate Communities Ber Presentation 9.6.12
Climate Communities Ber Presentation 9.6.12Climate Communities Ber Presentation 9.6.12
Climate Communities Ber Presentation 9.6.12
 
Paths to Net-Zero Energy Sustainable Homes
Paths to Net-Zero Energy Sustainable HomesPaths to Net-Zero Energy Sustainable Homes
Paths to Net-Zero Energy Sustainable Homes
 
ICLEI Green Business Challenge-Schmitz
ICLEI Green Business Challenge-SchmitzICLEI Green Business Challenge-Schmitz
ICLEI Green Business Challenge-Schmitz
 
Energy Technologies for Mid-Rise Buildings - Past, Present and Future
Energy Technologies for Mid-Rise Buildings - Past, Present and FutureEnergy Technologies for Mid-Rise Buildings - Past, Present and Future
Energy Technologies for Mid-Rise Buildings - Past, Present and Future
 
Trends in Green Kitchens and Green Buildings
Trends in Green Kitchens and Green BuildingsTrends in Green Kitchens and Green Buildings
Trends in Green Kitchens and Green Buildings
 

Plus de Elton Sherwin

God Loves You Leaflet by Janet Edmonds.pdf
God Loves You Leaflet by Janet Edmonds.pdfGod Loves You Leaflet by Janet Edmonds.pdf
God Loves You Leaflet by Janet Edmonds.pdfElton Sherwin
 
Secrets of Starting a Winning Company: annotated by Elton
Secrets of Starting a Winning Company: annotated by EltonSecrets of Starting a Winning Company: annotated by Elton
Secrets of Starting a Winning Company: annotated by EltonElton Sherwin
 
The Case for Delaying Most Second Shots Grows Stronger
The Case for Delaying Most Second Shots Grows StrongerThe Case for Delaying Most Second Shots Grows Stronger
The Case for Delaying Most Second Shots Grows StrongerElton Sherwin
 
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...Elton Sherwin
 
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...Elton Sherwin
 
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...Elton Sherwin
 
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...Elton Sherwin
 
COVID-19 Lessons from Around the World (flyer)
COVID-19 Lessons from Around the World (flyer)COVID-19 Lessons from Around the World (flyer)
COVID-19 Lessons from Around the World (flyer)Elton Sherwin
 
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...Elton Sherwin
 
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual Minorities
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual MinoritiesThe Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual Minorities
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual MinoritiesElton Sherwin
 
LGBTQ in Scripture Part 3: New Testament Clobber Verses
LGBTQ in Scripture Part 3: New Testament Clobber VersesLGBTQ in Scripture Part 3: New Testament Clobber Verses
LGBTQ in Scripture Part 3: New Testament Clobber VersesElton Sherwin
 
10 Ways to Lower Your Carbon Footprint
10 Ways to Lower Your Carbon Footprint10 Ways to Lower Your Carbon Footprint
10 Ways to Lower Your Carbon FootprintElton Sherwin
 
Earth Day 2014 - a Christian Perspective
Earth Day 2014 - a Christian PerspectiveEarth Day 2014 - a Christian Perspective
Earth Day 2014 - a Christian PerspectiveElton Sherwin
 
Climate Change in 7 slides
Climate Change in 7 slides Climate Change in 7 slides
Climate Change in 7 slides Elton Sherwin
 
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?Elton Sherwin
 
Solutions to Climate Change Rotary Holiday
Solutions to Climate Change Rotary HolidaySolutions to Climate Change Rotary Holiday
Solutions to Climate Change Rotary HolidayElton Sherwin
 
Haiti Deforestation - A Short Update
Haiti Deforestation - A Short UpdateHaiti Deforestation - A Short Update
Haiti Deforestation - A Short UpdateElton Sherwin
 
Why Methane Matters: The Need for World-wide Monitoring of Methane
Why Methane Matters: The Need for World-wide Monitoring of MethaneWhy Methane Matters: The Need for World-wide Monitoring of Methane
Why Methane Matters: The Need for World-wide Monitoring of MethaneElton Sherwin
 
Reducing Large Electric Bills
Reducing Large Electric BillsReducing Large Electric Bills
Reducing Large Electric BillsElton Sherwin
 
Twelve Secrets of Silicon Valley
Twelve Secrets of Silicon ValleyTwelve Secrets of Silicon Valley
Twelve Secrets of Silicon ValleyElton Sherwin
 

Plus de Elton Sherwin (20)

God Loves You Leaflet by Janet Edmonds.pdf
God Loves You Leaflet by Janet Edmonds.pdfGod Loves You Leaflet by Janet Edmonds.pdf
God Loves You Leaflet by Janet Edmonds.pdf
 
Secrets of Starting a Winning Company: annotated by Elton
Secrets of Starting a Winning Company: annotated by EltonSecrets of Starting a Winning Company: annotated by Elton
Secrets of Starting a Winning Company: annotated by Elton
 
The Case for Delaying Most Second Shots Grows Stronger
The Case for Delaying Most Second Shots Grows StrongerThe Case for Delaying Most Second Shots Grows Stronger
The Case for Delaying Most Second Shots Grows Stronger
 
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...
Covid 19: Guided by Science, They Failed. What Newsom and Macron Should Have ...
 
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
 
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...
What Could the Biden Administration Do to Defeat COVID-19: Lessons from Asia ...
 
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
A Progressive Checklist: 200 Things the Biden Administration Should Do in Its...
 
COVID-19 Lessons from Around the World (flyer)
COVID-19 Lessons from Around the World (flyer)COVID-19 Lessons from Around the World (flyer)
COVID-19 Lessons from Around the World (flyer)
 
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...
The Bible and Homosexuality, Part 1: Sodom and Gomorrah and the Old Testament...
 
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual Minorities
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual MinoritiesThe Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual Minorities
The Bible and Homosexuality, Part 2: The 7 Scriptures Blessing Sexual Minorities
 
LGBTQ in Scripture Part 3: New Testament Clobber Verses
LGBTQ in Scripture Part 3: New Testament Clobber VersesLGBTQ in Scripture Part 3: New Testament Clobber Verses
LGBTQ in Scripture Part 3: New Testament Clobber Verses
 
10 Ways to Lower Your Carbon Footprint
10 Ways to Lower Your Carbon Footprint10 Ways to Lower Your Carbon Footprint
10 Ways to Lower Your Carbon Footprint
 
Earth Day 2014 - a Christian Perspective
Earth Day 2014 - a Christian PerspectiveEarth Day 2014 - a Christian Perspective
Earth Day 2014 - a Christian Perspective
 
Climate Change in 7 slides
Climate Change in 7 slides Climate Change in 7 slides
Climate Change in 7 slides
 
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?
SHOULD YOU TAKE YOUR CHILD SOMEPLACE DANGEROUS?
 
Solutions to Climate Change Rotary Holiday
Solutions to Climate Change Rotary HolidaySolutions to Climate Change Rotary Holiday
Solutions to Climate Change Rotary Holiday
 
Haiti Deforestation - A Short Update
Haiti Deforestation - A Short UpdateHaiti Deforestation - A Short Update
Haiti Deforestation - A Short Update
 
Why Methane Matters: The Need for World-wide Monitoring of Methane
Why Methane Matters: The Need for World-wide Monitoring of MethaneWhy Methane Matters: The Need for World-wide Monitoring of Methane
Why Methane Matters: The Need for World-wide Monitoring of Methane
 
Reducing Large Electric Bills
Reducing Large Electric BillsReducing Large Electric Bills
Reducing Large Electric Bills
 
Twelve Secrets of Silicon Valley
Twelve Secrets of Silicon ValleyTwelve Secrets of Silicon Valley
Twelve Secrets of Silicon Valley
 

Dernier

Rohan Jaitley: Central Gov't Standing Counsel for Justice
Rohan Jaitley: Central Gov't Standing Counsel for JusticeRohan Jaitley: Central Gov't Standing Counsel for Justice
Rohan Jaitley: Central Gov't Standing Counsel for JusticeAbdulGhani778830
 
Experience the Future of the Web3 Gaming Trend
Experience the Future of the Web3 Gaming TrendExperience the Future of the Web3 Gaming Trend
Experience the Future of the Web3 Gaming TrendFabwelt
 
Manipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkManipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkbhavenpr
 
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkcomplaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkbhavenpr
 
IndiaWest: Your Trusted Source for Today's Global News
IndiaWest: Your Trusted Source for Today's Global NewsIndiaWest: Your Trusted Source for Today's Global News
IndiaWest: Your Trusted Source for Today's Global NewsIndiaWest2
 
57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdfGerald Furnkranz
 
Quiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsQuiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsnaxymaxyy
 
16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012ankitnayak356677
 
Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.NaveedKhaskheli1
 

Dernier (10)

Rohan Jaitley: Central Gov't Standing Counsel for Justice
Rohan Jaitley: Central Gov't Standing Counsel for JusticeRohan Jaitley: Central Gov't Standing Counsel for Justice
Rohan Jaitley: Central Gov't Standing Counsel for Justice
 
Experience the Future of the Web3 Gaming Trend
Experience the Future of the Web3 Gaming TrendExperience the Future of the Web3 Gaming Trend
Experience the Future of the Web3 Gaming Trend
 
Manipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpkManipur-Book-Final-2-compressed.pdfsal'rpk
Manipur-Book-Final-2-compressed.pdfsal'rpk
 
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfkcomplaint-ECI-PM-media-1-Chandru.pdfra;;prfk
complaint-ECI-PM-media-1-Chandru.pdfra;;prfk
 
IndiaWest: Your Trusted Source for Today's Global News
IndiaWest: Your Trusted Source for Today's Global NewsIndiaWest: Your Trusted Source for Today's Global News
IndiaWest: Your Trusted Source for Today's Global News
 
57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf57 Bidens Annihilation Nation Policy.pdf
57 Bidens Annihilation Nation Policy.pdf
 
Quiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the roundsQuiz for Heritage Indian including all the rounds
Quiz for Heritage Indian including all the rounds
 
16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf
 
VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012VIP Girls Available Call or WhatsApp 9711199012
VIP Girls Available Call or WhatsApp 9711199012
 
Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.Global Terrorism and its types and prevention ppt.
Global Terrorism and its types and prevention ppt.
 

Job Creation: Three Things Government Can Do

  • 1. Three Simple Things Government Can Do to Create Jobs Governing Sustainability Summit New York City – June 21, 2011 Elton B. Sherwin Sr. Managing Director Ridgewood Capital Author of The Silicon Valley Way and These slides express the opinions of the author and Addicted to Energy have not been endorsed by any organization or government agency
  • 2. Agenda • Connect the dots: Building efficiency = jobs – Improving building efficiency creates jobs • Policy recommendations – Potential to create millions of jobs – Permanent, sustainable American jobs • Do not require ongoing subsidies • Cannot be offshored – Modeled on New York City and San Francisco programs 525 University Ave. Palo Alto, CA
  • 3. Thought experiment Old Town Green Town Imagine Two Identical Towns • Once a month all building owners go up on their roofs and burn money – In “Old Town” everyone burns $1,000 – In “Green Town” everyone burns only $100 – Both towns do this every month • Towns are otherwise identical • After one year, which town is richer? • After ten years, which town has more jobs?
  • 4. Why Does “Green Town” Have More Jobs?
  • 5. Shift Spending from Utility Bills to Construction and Retail = New Jobs
  • 7. Improved Efficiency Creates Jobs Several Ways • Initial labor – Contractors • Savings – “Export” fewer energy dollars – Increased local spending • Wealthier individuals and businesses – Spend more • More competitive infrastructure
  • 8. Green Town Green Town: Is richer Has more jobs Smarter place to buy real-estate Better place to raise children
  • 9. Upgrading Building Efficiency Creates Jobs Not happening at scale Houston Skyline
  • 10. Really Hard to Motivate Action Even on projects that save money
  • 11. How Do We Motivate Private Investment?
  • 12. I Would Like to: Grade every building A+ to D- Based on their actual energy consumption Post the grade above the front door D+ C+ B- D- C+ D- D- C+ B- D- B A- Grades for illustration only, not based on real measurements
  • 13. In Some Cities the “D” Buildings Use More Than Half the Electricity Just motivating them to upgrade to a C would be a big win D+ C+ B- D- C+ D- D- C+ B- D- B A- Grades for illustration only, not based on real measurements
  • 14. Lets talk about realistically what can be done. Analyzed 17 Building Rating Systems Around the World European Unions Energy Performance Certificates UK Display Energy Certificates LEED – New Construction LEED – Health Care ENERGY STAR – Commercial buildings ENERGY STAR homes PlaNYC (New York City) Australia’s Greenhouse Rating HERS ASHRE EQ CALGreen level 2 California AB 1103 California AB 758 DOE home energy scoring pilot Passive Home Certification City of Seattle San Francisco Details at Slideshare.com
  • 15. Winning Strategy New York and San Francisco Required to calculate ENERGY STAR score High = 100 Low = 1 After two years: Public disclosure New York, San Francisco, Washington DC, Seattle, and the State of California all use the same rating tool: US EPA Portfolio Manager
  • 16. An example Rating + Disclosure = Action Class A office • Score of 17 • Hire an auditor, who discovers – Error in building control software – Valves set incorrectly – Wires reversed – Wrong windows on south side of the building • And upgrades are made • Jobs are created
  • 17. Public Disclosure of ENERGY STAR Scores Will Create Jobs • Construction trades* – General contractors = – HVAC mechanics and installers – Electricians – Plumbers • Manufacturing – Building materials, windows and coatings • Environmental scientists, specialists, and technicians • Energy auditors and accountants • Truck drivers and more… *Renewable Energy and Energy Efficiency: Economic Drivers for the 21st Century, Roger Bezdek.
  • 18. What Can Your City/State Do? 1. Disclose ENERGY STAR ratings – Government buildings – Schools – Contests 2. Copy San Francisco or NYC Regulation – Straightforward – Requires all commercial buildings to calculate Energy Star score – In year 2: disclose it on the city website 3. Celebrate buildings scoring 90+
  • 19. Celebrate Success New York City • 111 Offices • Five Banks • Four K-12 • Two Hotels • One Hospital • One Courthouse Two built in 1800’s • 49 before WW II http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
  • 20. Palo Alto, CA Celebrate Success Built in 1966 • Lots of exposed glass in a sunny climate • Property Manger: CB Richard Ellis 525 University Ave. Palo Alto, CA 87 94 94 92 2007 2008 2009 2010
  • 21. East Palo Alto, CA Celebrate Success • Lighting retrofit of 397 fixtures saves over $5,000 per month. – Breakeven less than two years • Anticipated savings are $822,460 over 10 years University Circle • Property Manger: East Palo Alto, CA Wells Real Estate 85 86 92 90 2007 2008 2009 2011
  • 22. Every City and State Should Be Able to Do This 1. Disclose ENERGY STAR ratings – Government buildings – Schools – Contests 2. Copy San Francisco or NYC Regulation – Straightforward – Requires all commercial buildings to calculate Energy Star score – In year 2: disclose it on the city website 3. Celebrate buildings scoring 90+
  • 23. Sherwin’s Law “When performance is graded performance improves. When grades are published, the rate of improvement accelerates.” Phrasing adapted from Thomas S. A Monson
  • 24. National Target • Above 60: all existing buildings • Above 80: all new buildings vs. 2003 average ENERGY STAR score
  • 25. Three Simple Things You Can Do to Create Jobs 1. Disclose ENERGY STAR ratings – Government buildings – Schools – Contests 2. Copy San Francisco or NYC Regulation – Straightforward – Requires all commercial buildings to calculate Energy Star score – In year 2: disclose it on the city website 3. Celebrate buildings scoring 90+
  • 26. Questions and Answers with Back-up Slides
  • 27. Question: Take another minute to connect building efficiency with jobs.
  • 28. An example Rating + Disclosure = Action Class A office • Score of 17 • Hire an auditor, who discovers – Error in building control software – Valves set incorrectly – Wires reversed – Wrong windows on south side of the building • And upgrades are made • Jobs are created
  • 29. Over One Million Jobs Just in California Accelerating the Pace of Energy Efficiency *Renewable Energy and Energy Efficiency: Economic Drivers for the 21st Century, by Roger Bezdek. Bezdek’s results are summarized here by Aaron Lehmer, in Renewable Energy Development Creates More Jobs than Fossil Fuels. Almost all the jobs created in the energy efficiency category relate to buildings and their contents. The actual number of new jobs created by aggressive programs promoting building, appliance and electronics efficiency may be closer to 16 million jobs nationwide (32.18 million minus 14.9 million minus the transportation sector). California’s share of these jobs is at least 10% or 1.5 million. The challenge is to accelerate these jobs from into the current timeframe and to get on the advanced scenario, which could created these 1.5 million additional jobs.
  • 30. References Job Creation data • Energy Pathways for the California Economy, David Roland- Holst and Fredrich Kahrl, UNIVERSITY OF CALIFORNIA • Renewable Energy and Energy Efficiency: Economic Drivers for the 21st Century, Roger Bezdek.
  • 31. More Conservative Estimates • The Center for American Progress, using a more conservative methodology, estimates that doing deep energy upgrades on 50 million buildings would create 625,000 permanent new jobs. http://www.energyfuturecoalition.org/files/webfmuploads/R ebuildingAmerica_Vision_Statement_FINAL.pdf
  • 32. Question: Are buildings required to upgrade if they score poorly? Answer: No
  • 33. And Senior Care Facilities and Data Centers
  • 34. References ENERGY STAR Hyperlinks (click on reference) • ENERGY STAR Program for commercial buildings. • San Francisco benchmarking legislation • New York City benchmarking program overview • Overview of all US disclosure programs (from IMT)
  • 35. Question: Where can we find a list and map of Energy Star buildings? Answer: On the EPA website
  • 36. EPA Website Available Today New York City • 111 Offices • Five Banks • Four K-12 • Two Hotels • One Hospital • One Courthouse Two built in 1800’s • 49 before WW II http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
  • 37. Afterwards, a question in the hallway: Question: My city won’t force building owners to disclose anything. What should we do?
  • 38. Check the EPA Website http://www.energystar.gov/index.cfm?fuseaction=labeled_buildings.locator
  • 39. Focus on the Winning Buildings 1. Disclose ENERGY STAR ratings – Government buildings – Schools – Contests 2. Copy San Francisco or NYC Regulation – Straightforward – Requires all commercial buildings to calculate Energy Star score – In year 2: disclose it on the city website 3. Celebrate buildings scoring 90+
  • 41. Additional Steps Residential • Disclose last two years of energy costs* in residential MLS • Require disclosure with green claims – No “green” claims without disclosing actual energy consumption. – Five years of disclosure • Prior two and next three years – Use signage laws * Optionally, home sellers can disclose a HERS score.
  • 42. Use Signage Laws to Ban Advertising Without Disclosure Energy Saving Green Home (Data not disclosed) Require • Last 2 yrs utility bills • Next 3 yrs
  • 43. A For the Brave Grade Every Building in the State A+ to D- Based on Energy Consumption And publish the grades 1 Main St. D- 2 Main St. A-
  • 44. Send Window Stickers to the Top Performing Buildings Posting is optional 97 C+ Internet disclosure and window stickers will create a lot of jobs
  • 45. Translating Building Percentiles and ENERGY STAR scores to Grades
  • 46. Letter to a fictional governor • 70 recommendations for state policy • Job creation Previous Book • Creating new products • Creating new companies These slides: www.EltonSherwin.com and on slideshare