This study compares and contrasts Australian and global best practices in policy and regulation for the energy and carbon performance of the built environment. It examines the drivers and opportunities for, and barriers to, the adoption of best practices in Australia. Finally, and as a stimulus to debate, it proposes a potential set of optimal measures, at national, state/territory and local levels, along with an indicative pathway for their implementation.

Cost savings from efficiency gains are at the core of the green building business case. Significantly lower energy bills are said to be a major factor in the green rent premium observed in earlier studies. Our study tests this relationship by inferring energy costs from operating expenses for a large dataset of U.S. office buildings and relating them to rental rates. We find that eco-certification is associated with a higher than anticipated total energy expenditure, which is the opposite of its expected effect.