Colorado Secures $20M to Advance Building Decarbonization in Disadvantaged Communities

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Colorado's ambitious plan to slash carbon emissions from large buildings just received a major boost, with a $20 million grant from the U.S. Department of Energy (DOE). This funding will support the implementation of the state's building performance standards, which mandate that buildings over 50,000 square feet cut carbon emissions.

The grant will specifically help buildings in low-income and marginalized communities meet these new standards. Property owners in these areas often face financial challenges when it comes to adopting energy-efficient upgrades like insulation, heat pumps, and electrification. The funding will provide technical assistance and resources to ensure these communities are not left behind in the transition to greener buildings.

Part of a larger national effort under the Biden-Harris administration, this grant is one of 19 awarded across the country as part of a $1 billion program under the Inflation Reduction Act. Colorado’s decarbonization strategy aims to reduce emissions by 20% in large buildings by 2030, contributing to the state’s goal of net-zero emissions by 2050. The state plans to start deploying the DOE funds early next year to help building owners adopt sustainable technologies and meet their decarbonization targets.

 

Original article posted on September 6, 2024









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