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Real Estate Sector Under Pressure to Decarbonize

OilPrice · Felicity Bradstock · last updated
Cities and countries around the globe are introducing strict new building regulations to support a green transition. From solar panels to heat pumps, governments are putting greater pressure on developers to incorporate clean technology and renewable energy into corporate, commercial, and residential construction. The real estate sector contributes a high proportion of global carbon emissions, both from constructing and powering buildings. Therefore, enforcing new sustainable construction and power standards can help governments cut emissions at…