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.

The building sector is considered as the biggest single contributor to world energy consumption and greenhouse gas emissions. Therefore, a good understanding of the nature and structure of energy use in buildings is crucial for establishing the adequate future energy and climate change policies. Availability of the updated data is becoming increasingly important in order to allow a rigorous analysis. In this paper, recent data on the world energy consumption in both residential and commercial buildings are reported.

This paper presents a comprehensive literature review of what drives the adoption of green building (GB) practices among construction stakeholders. The review is based on literature that have been published in peer-reviewed journals. Through a systematic review of the literature, authors are able to identify generic drivers for stakeholders to pursue GB. A total of 64 drivers were identified from reviewing 42 selected empirical studies. The paper presents a classification framework for the GB drivers.