While much of the U.S. real estate market has been floundering, one area has not seen a dip. Green building now accounts for nearly one-third of new construction in the U.S. That’s up from 2 percent in 2005, according to McGraw-Hill Construction, which tracks the industry.
The numbers suggest a revolution is taking place within an industry that is historically slow to change. There are many factors — and many players — in this move toward green building.
But one company and its rating system have been undeniably influential in changing construction practice and policy around the country, despite some people’s reservations about whether it’s really helping the environment.