The National Lumber and Building Material Dealers Association (NLBMDA) commented on President Obama's unveiling of his plan to improve energy efficiency in commercial buildings.
Obama's plan -- "Better Buildings Initiative" -- intends to make commercial buildings 20% more energy efficient over the next decade by accelerating private sector investment through a series of incentives to upgrade offices, stores, schools, municipal buildings, universities, hospitals and other commercial buildings. The program would also provide financing opportunities for commercial retrofits and encourage states and localities to streamline regulations governing commercial retrofits.
"As many already know, the building material industry has experienced significant job loss over the past few years as a result of the recession's impact on the residential and commercial construction markets," said NLBMDA executive VP Scott Lynch. "We look forward to working with the administration and Congress on crafting a bipartisan program that achieves the goal of greater energy efficiency in the commercial sector and increasing jobs along the building supply chain."
In his announcement, Obama also renewed his commitment to the proposed HomeStar program to provide consumer incentives for residential retrofits, which did not get enacted in the last Congress.
"NLBMDA will continue to support cost-effective incentives for residential retrofits that do not put smaller retailers at a competitive disadvantage," Lynch said.