Bryan Howard, Legislative Director, U.S. Green Building Council
On Monday, President Obama released an ambitious $3.8 trillion budget for fiscal year 2013 that seeks to pump billions of dollars into the economy through clean energy and infrastructure improvements while seeking to eliminate existing incentives for oil and gas and ending tax cuts for those making more than $250,000.
As part of the Better Buildings Initiative, a 10-year initiative to make non-residential buildings 20 percent more energy efficient, the budget aims to redesign the tax deduction for commercial buildings as a credit.
The budget also includes billions of dollars to modernize at least 35,000 schools across the country, including energy-efficiency upgrades and comprehensive, green retrofits.