Thursday 1 July 2010

Energy disclosure in new law

Canberra Times
Wednesday 23/6/2010 Page: 17

Office block owners will have to disclose their building's energy efficiency to buyers or lessees under draft laws passed by the lower house yesterday. The Government is trying to get owners of big commercial office buildings to release energy efficiency ratings before selling or leasing them. The legislation, if passed by the Senate, would apply to buildings of 2000sgm or more, as well as head tenants intending to sub-lease space.

Junior Climate Change Minister Greg Combet said the changes were the first step to transforming the market into a truly energy efficient sector. But he conceded such radical change was bound to cause some concern and promised stakeholders would get a voice in working out how to implement and improve the scheme. The Government would provide appropriate transitional arrangements in the meantime,

Mr Combet said. Under the changes, interested parties could demand a full building energy efficiency certificate, which follows similar schemes in the European Union and the United States. Energy efficiency was one of the easiest and most cost-effective ways to reduce greenhouse gas emissions, he said. The Opposition did not oppose the Building Energy Efficiency Disclose Bill 2010, although former environment minister and Opposition leader Malcolm Turnbull noted it was not a solution "in and of itself'. It must be part of a bigger move to improve energy efficiency across the board, he told Parliament.

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