Brownfield Economics Go Green
By Elizabeth Brewster
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 With apologies to Charles Dickens, the year ahead is shaping up to be both the best of times and the worst of times for the business of brownfields.
On the one hand, "brownfield financing has always been difficult, and now it's even more so," says Craig Carbrey, president and chief credit officer of EnviroFinance Group in Sacramento, Calif., which specializes in brownfield lending. "There just isn't that much activity. . . . There will be ripple effects from the [federal government] stimulus plan, but you won't see the impact of that for some time."
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Industry Profiles
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Chris Nelson
National Partner, Brownfields, SCS Engineers
San Francisco, Calif. |
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Count On It
  $270 Million The amount, this year alone, that families living in Energy Star homes will save on their utility bills, while avoiding greenhouse gas emission equivalent to those from about 370,000 vehicles.
Source U.S. EPA
 $800-feet The stretch of undeveloped shoreline that work began on to improve and restore habitat along the Ashtabula River. This is the final phase of the U.S. Environmental Protection Agency's Great Lakes Legacy Act (GLLA) Ashtabula River cleanup project.
Source U.S. EPA
 70 percent Amount of increased performance the upgraded Jaguar XT5 to 37,376 six-core AMD Istanbul processor has over its quad-core predecessor. Researchers anticipate this growth in computing capacity may facilitate improved climate predictions, and fuel-efficient engines.
Source U.S. Department of Energy
 7,248 The number of sites that were assessed by EPA and its partners, between the enactment of the Brownfield law in 2002 and 2005, according to the latest data available.
Source U.S. EPA
 $37.2 million Amount in brownfield loans awarded by EPA, and its partners, between 2002 and 2005, according to the latest data available.
Source U.S. EPA
 5 hours The equivalent amount of energy use of a laptop, a 60-watt incandescent light bulb for 4 hours, or a 60-watt compact fluorescent light bulb for 20 hours, to the lifecycle energy savings of recycling, rather than landfilling, 1 aluminum can.
Source U.S. EPA
 22 percent Amount of improvement in freight rail fuel efficiency between 1990 and 2006.
Source U.S. Department of Transportation
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