Energy efficient innovation: Overcoming financial barriers

The inability to overcome financial barriers has crippled building professionals from implementing innovative and sound solutions in building projects, particularly when an environmental agenda is involved. This paper examines architectural endeavors in Europe, North America and Asia that emphasize...

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Veröffentlicht in:	Building and environment 2007-02, Vol.42 (2), p.599-604
Hauptverfasser:	Intrachooto, Singh, Horayangkura, Vimolsiddhi
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied sciences Architecture Building economics. Cost Building technical equipments Buildings Buildings. Public works Energy Energy management and energy conservation in building Environmental design Environmental engineering Exact sciences and technology Financial barriers Responsive financing Technological innovation
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Beschreibung
Zusammenfassung:	The inability to overcome financial barriers has crippled building professionals from implementing innovative and sound solutions in building projects, particularly when an environmental agenda is involved. This paper examines architectural endeavors in Europe, North America and Asia that emphasize energy efficiency and highlights the five circumstances from which financial obstacles emerge: (1) components interdependency, (2) speculative financial return, (3) lowest cost focused, (4) neglected innovative effort, and (5) financial misallocation. Plausible strategies for overcoming such barriers are proposed.
ISSN:	0360-1323 1873-684X
DOI:	10.1016/j.buildenv.2005.10.002