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Energy-Efficient Tax Incentives Provide Motivation to Combat Climate Change in Real Estate Industry

Energy-Efficient Tax Incentives Provide Motivation to Combat Climate Change in Real Estate Industry

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May 2022

Climate change is a huge problem, but damages to the environment vary by industry. The effect in the real estate industry ebbs and flows based on new buildings and the costs to upkeep current structures.

Today, the real estate industry may be more motivated to build energy-efficient buildings because of federal tax credits and deductions. In fact, several stakeholders in real estate, from owners to designers, could benefit from the provisions.

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