Developing market-based incentives for green building alternatives

Kevin R Grosskopf, C. J. Kibert

Research output: Contribution to journalArticle

7 Citations (Scopus)

Abstract

As the 4th most populous and 2nd fastest growing region of the U.S., 70% of Florida's 16-million citizens reside along the coastline in areas served by shallow, fragile aquifers that have largely been destroyed by over-pumping and saltwater intrusion. Resulting wastewater discharge and runoff have contaminated natural waterways and aquifer recharge basins. A case study from the Tampa Bay, Florida (U.S.) region reveals that water suppliers are providing conservation incentives to consumers as a cost-effective alternative to expanding infrastructure capacity to meet the demands of population and economic growth. Research at the University of Florida shows the benefit-cost of several water saving alternatives and the corresponding willingness-to-pay for several consumer markets. Together, a methodology is introduced wherein the water supplier can create optimal market-based incentives for consumer investment in water saving measures that maximize water use reductions and minimize conservation program costs. The indirect costs of water use such as energy emissions and watershed destruction (externalities) is also addressed.

Original languageEnglish (US)
Pages (from-to)141-147
Number of pages7
JournalJournal of Green Building
Volume1
Issue number1
DOIs
StatePublished - Jan 1 2006

Fingerprint

Motivation
incentive
water
water use
market
Water
cost
aquifer
saline intrusion
Groundwater
willingness to pay
costs
Aquifers
Costs and Cost Analysis
supplier
Costs
economic growth
population growth
pumping
recharge

Keywords

  • Best management practices (BMPs)
  • Demand-side management
  • Externalities
  • Rebates
  • Reclaimed water
  • Water conservation
  • Water resources
  • Willingness-to-pay

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Environmental Science(all)

Cite this

Developing market-based incentives for green building alternatives. / Grosskopf, Kevin R; Kibert, C. J.

In: Journal of Green Building, Vol. 1, No. 1, 01.01.2006, p. 141-147.

Research output: Contribution to journalArticle

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