CaGBC’s “Making The Case For Building To Zero Carbon” report demonstrates definitively that Zero Carbon Buildings offer meaningful greenhouse gas reductions and positive financial returns. Specifically, the study, a first of its kind in Canada, shows that Zero Carbon Buildings provide a positive financial return over a 25-year life-cycle, inclusive of carbon pollution pricing, and requiring only a modest capital cost premium.
Critically, the study shows that Zero Carbon Buildings can be built today and that operating cost savings will cover the needed investment. Furthermore, as the cost of carbon rises over time, the business case for Zero Carbon Buildings grows stronger. The economic case for Zero Carbon Buildings is reinforced over time with the rising cost of carbon, increased resiliency, and by avoiding costs such as future retrofits.
As seen in the infographic below, the report looked at a full range of building archetypes – low-rise office, mid-rise office, low-rise multi-unit residential, mid-rise multi-unit residential, primary schools, big box retail and warehouses in the Canadian cities of Vancouver, Calgary, Ottawa, Toronto, Montreal and Halifax. CaGBC’s study is further confirmation that Zero Carbon Buildings are technically feasible and financially viable.
The “Making The Case For Building To Zero Carbon” report was developed with financial contributions from Natural Resources Canada, The National Research Council, Public Services and Procurement Canada, The Treasury Board of Canada Secretariat, REALPAC, the Government of Nova Scotia and the Real Estate Foundation of British Columbia.