Green Building Update - May 28, 2008

IN THIS ISSUE:

*San Francisco Bay area passes carbon tax

*GREEN BUILDING FOCUS

..Kraft Foods and ProLogis announce world's largest LEED-CI gold certified distribution center

*San Francisco's proposed green building code could cost up to $700 million a year

*San Carlos City Council's budgetary constraints limit ambitious climate protection program

*Developers in Las Cruces seek city council approval to build 187-acre "green" subdivision

*Craton Equity Partners finalize $191.5 million greentech fund

*USGBC launches "LEED 2009" and awards more credits for energy and water conservation

*Starbucks working with USGBC to develop LEED Retail program

*Singapore launches incentives to promote green building movement

*NOTABLE GREEN BUILDING PROJECTS

..Residential building receives first LEED approval in bureaucratic Lake Tahoe

..Dunkin' Donuts' first LEED certified restaurant to serve as a prototype according to the company

..Office Depot's store prototype earns LEED precertification

..Owens Corning pursuing LEED certification for its Oregon based foam insulation facility

..Prindle Institute becomes Indiana's first LEED 'gold' certified facility

Please see full update for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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