The construction industry remains horribly climate-unfriendly

Governments are falling well short in their efforts to turn things around


  • by
  • 06 15, 2022
  • in Finance & economics

lockdowns may have upended the world of work, but they have not killed the skyscraper. Even as workers stay home to avoid the commute, cities’ penchant for these concrete marvels of engineering continues unabated. In midtown Manhattan, JPMorgan Chase has knocked down its old headquarters in favour of a new glass tower that will rise 18 storeys higher. Across the city, more than a dozen supertall structures—which rise higher than 300m—are in the works. In London, where gleaming new landmarks are given irreverent nicknames such as “Walkie Talkie” or “The Gherkin”, more than 200 towers have transformed the skyline since 2009. The construction frenzy is not limited to big cities. By one estimate, the planet will add floor space the size of New York City every month until 2060. Some worry that this pace of construction could literally cost the Earth. Today, buildings are responsible for almost 40% of global energy-related carbon emissions, with homes alone accounting for nearly 20%. Property emissions are a combination of two things. The first is the day-to-day running of a building: energy used to light up, heat or cool homes, office blocks and shopping malls. The carbon produced in this way is “operational”, in the vernacular, and accounts for 27% of all annual carbon emissions globally. The other type is “embodied” carbon, which refers to emissions tied to the building process, maintenance and any demolition. Overall, embodied carbon is responsible for around 10% of annual emissions, though it will vary depending on the type of building.

  • Source The construction industry remains horribly climate-unfriendly
  • you may also like