Constructive improvements for the building industry

Executives and strategists for energy, properties & construction: These excerpts are for YOU:

The Economist, June 16, 2022 - " Constructive Improvements" excerpts

"By one estimate, the planet will add floor space the size of New York City every month until 2060

"Cities will need to add 13,000 buildings every day until 2050, just to keep up with global population growth"

"The property industry has a huge carbon footprint. Here’s how to reduce it"

"What can be done? The problem can be divided into three parts."

"The first goal is to incentivise owners to make existing properties more energy-efficient."

"The second goal is to facilitate more rational decisions about when to retrofit buildings and when to demolish them and rebuild"

"The final goal should be to ensure that the construction of new buildings that does take place is far cleaner than it has been in the past"

"Better construction methods, including prefabricated houses, are more energy- and carbon-efficient but rarely used. The construction industry has a dire record on productivity growth—a sign that there has not been enough fresh thinking. Time to start building a new approach."

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