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Industry News
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"The hard truth is that we can't
build our way out of this problem," said NAHB Chairman Joe Robson, a builder and
developer in
The House of Representatives on June 26 passed H.R. 2998, sweeping legislation that requires new homes to be built 30 percent more energy efficiently than mandated in the 2006 International Energy Conservation Code. That number increases to 50 percent by 2014 and then increases 5 percent every three years.
"That's simply too far, too fast," Robson said. "The market is not geared up to supply the necessary materials and equipment, and that's going to drive up costs. The result will be fewer working-class families in these new energy-efficient homes. They'll be relegated to older, less efficient housing stock and face ever higher utility bills."
According to the U.S. Department of Energy, homes are responsible for about 21 percent of the energy consumed each year. "Forcing more regulation on a fraction of those homes just won't move the needle," Robson said.
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