Report on building energy consumption released
The IMT's report, Building Energy Transparency, was compiled using data from five cities and two states regarding commercial building owners measuring their properties' energy consumption.
The Institute for Market Transformation (IMT) released the first national review (PDF) for building energy ratings and disclosure policies in the United States. The policies, which have been enacted into law by several states and cities throughout the U.S., require commercial building owners to measure their properties’ energy consumption and disclose the data.
The purpose of these laws is to make energy consumption more transparent to tenants, owners and the general public. The laws also encourage improving energy efficiency in buildings and help stimulate the demand for new technologies and concepts to that effect.
The report, Building Energy Transparency, is a review of building energy rating and disclosure laws in the cities of San Francisco, New York City, Seattle, Washington, D.C. and Austin, Texas. The states of California and Washington were also including. It is expected the report will affect 4 billion square feet of building space.
A compact user’s guide by CB Richard Ellis has also been released, titled “Guide to State and Local Energy Performance Regulations,” which can be downloaded.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey