Skanska-sponsored global study shows that energy use in buildings can be cut 60 percent by 2050

Press release 4/27/2009 10:02 AM EST

Today, buildings use more energy than any other sector in the world - approximately 38 percent of the global energy use compared with 33 percent for industry and 26 percent for transportation sectors. But if a major, coordinated and global effort is launched, it would be possible to cut energy use in buildings 60 percent by 2050 and arrive at a situation in which buildings produce or recover as much energy as they consume.