TABLE OF CONTENTS - The Professional Green Building Council

Theme C: Education and Market Transformationexist in tropical buildings, but perhaps focussing on slightly different areas ofenergy consumption.Nevertheless, the same conditions that lead to market failure in Australia(technological lag and lack of information within the market) are likely to exist intropical areas, providing similar issues that need to be overcome throughappropriate transparency of information, or regulatory approaches.8. CONCLUSIONSThe examination of the buildings within this study demonstrated significantpotential for energy, financial and greenhouse emission savings within the buildingstock.Energy savings were available from a range of measures, with half of total savingsbeing identified through modification to HVAC and lighting control algorithms.Prior to audit, the sample of buildings within this study was representative ofaverage population performance, when assessed against the Australian BuildingGreenhouse Rating tool, in both the level of performance and the distribution ofbuilding performance. ABGR is directly based upon the real greenhouse emissionperformance of the Australian office stock. Hence this relationship has been usedto draw inference between the results within this portfolio, and the broader existingbuilding population.Based upon this analysis, there appears to be a total abatement potential availablewithin Australian office buildings, utilising currently commercialised technologyand economically rational funding criteria, equivalent to approximately 1.2% oftotal national greenhouse emissions. This is significant on a national emissionsbasis.The presence of this opportunity is symptomatic of a general market failureregarding energy, which is likely to be due to the lag of implementation of new602