Exclusive: Empire State Building boss argues energy efficiency trumps renewables

Read the full story at BusinessGreen.

The man behind the green refurbishment of one of the world’s most famous buildings has said that the money put towards subsidies for large renewable energy projects would be better spent on improving the energy efficiency of the world’s building stock.

Anthony Malkin, whose Empire State Building Company owns the iconic New York skyscraper, told BusinessGreen that subsidies to increase wind or solar energy capacity are not as effective in terms of carbon savings or job creation as incentives that promote the renovation of existing buildings.

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