Wednesday, August 1, 2007

The Ground Floor


The Urban Land Institute has always been considered a great source of information on responsible land use and development. Now, you can access real-time updates from their blog, The Ground Floor.


One of their most recent posts included this interesting nugget on environmental investing:



Simon Property Group Vice President for Energy George Caraghiaur was also quoted in the New York Times as saying that investor interest in environmentally
conscious building design, construction and operation means "green for the
environment and for your bottom line." Caraghiaur, who is EPAC's vice chairman,
added that optimal energy performance in buildings can be viewed "as a proxy for
management strength. The smart investors of the world have come to conclude that
energy is a tough thing to manage and that those companies that do manage energy
well are seen as those that manage well -- period."


I've added it our blogroll for future access. Good stuff.


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