Building labeling has been a passion for the past 9 years. In my view, labeling of buildings of all types allows regional societies to be more economically powerful. Two key outcomes result from labeling; 1) labeling is the market mechanism to drive valuation of building efficiency delivers lower cost of living to workforce; 2) the efficiencies of regional energy markets are shared reducing the cost of energy for production of goods and services driving economic prosperity and competitive advantage.
As the cost of hydrocarbon energy sources rises the value of efficiency increases. The cost of making buildings efficient will rise with increase in hydrocarbon energy costs. Greater efficiency relates to lasting economic competitiveness measured in liveability and cost of goods produced. Regions seeking future competitiveness and economic stability should serve self interest and implement aggressive building labelling strategies built on these and other international learnings.