Energy Efficiency and the Future of Real Estate

N. Edward Coulson is Professor of Economics and Public Policy in the Merage School of Business at the University of California, Irvine. He is also Co-Editor of the Journal of Regional Science, and he served as President of the American Real Estate and Urban Economics Association in 2016. Clifford A. Lipscomb is Vice Chair and Co-Managing Director at Greenfield Advisors.  He is the Chair of the American Real Estate Society’s Practitioner Research Award committee, an Associate Editor of the Journal of Real Estate Literature, and a Visiting Scholar at the Federal Reserve Bank of Atlanta. Yongsheng Wang is Associate Professor of Economics and Director of Financial Economics at Washington and Jefferson College, USA. His research focuses on energy economics and real estate economics.  

1. Introduction.- 2. Why Energy Efficient Commercial Real Estate Matters.- 3. Energy Efficiency and Green Building Assessment.- 4. Innovation in the Built Environment: Energy Efficiency and Commercial Real Estate.- 5. The Political Economy of Energy Efficiency.- 6. An Analysis of LEED Certification and Rent Effects in Existing U.S. Office Buildings.- 7. Energy Efficiency and Green Building Markets in Japan.- 8. Paths of Green Building Technology in China.- 9. Energy Efficiency and High-Performance Buildings.- 10. Future Research Directions of Energy Efficiency.