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Posts Tagged ‘economic benefit’

The cost-benefit of building rehabs… beneficial both environmentally and economically

June 12, 2012 1 comment
Preservation Hall

Rehabilitation makes environmental and economic sense (Photo credit: JWSherman)

A recent study published by the National Trust for Historic Preservation titled, The Greenest Building: Quantifying the Environmental Value of Building Reuse, has inspired a great deal of discussion. One discussion in particular, an article by Blythe Lawrence published in The Seattle Times (Seattle, WA USA), provided a follow-up comparison of the environmental value and the economic value of rehabilitating an existing building versus constructing a new one. The study looked at the effects a building has on the environment (such as runoff) and the use of nonrenewable resources (like fossil fuels) as well as energy and and resource extraction, and found that “even the most energy efficient new buildings have to stand as long as 80 years before their energy savings offset the negative impacts of constructing them,” as summarized in The Seattle Times article. The article continued to note that, “from an environmental perspective [building reuse is] a no brainer.”

Going one step further, the article noted that if an existing building has a good envelope the cost of rehab is about the same as the cost of new construction for a similar-sized building. If an existing building needs to be demolished as part of a new construction project, in order to clear the property for a replacement building, the economic and environmental costs increase exponentially. Though many, including developers, are often reluctant to accept or acknowledge the viability of rehab projects, the article sums up the reality of the situation stating that “development is about obtaining the maximum return from a piece of property. You don’t have to build a new building to make money.”

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Canadian archaeology and the age of austerity

June 5, 2012 2 comments
Canadian maple leaf 2

A withering maple leaf? (Photo credit: Wikipedia)

There is an essential tension that exists between industry and government:  they regulate us and sometimes they compete with us.  When you ask many business professionals about government, even in Canada, the usual response is that there is too much of it.

There is truth to this. It seems that the only cap on the growth of bureaucracy is taxpayers, and therefore, recent promises by the Federal and some provincial governments to reduce the size of government seemed at best, too little and too late.  However, while in age of austerity you can really make smart strategic cuts in expenditures, governments are inevitably drawn to the stupid.

The Government of Canada is cutting ten percent off the top of most departments, and a few percentage points more off ones they really don’t like (like the public broadcaster, the CBC). All departments have been asked to declare positions as redundant and thousands of letters have gone out: “your position has been classified as surplus, have a nice day.” This will be followed by a drawn out period of horse trading, interdepartmental moves, and such, with the result that the actual number of positions lost will not be known for some time.

Somewhat to the surprise of the heritage movement, given the federal government attention to promoting the historic battles of 1812, is that government has decided that it really does not like conservators and archaeologists and has decided to close all of the regional labs across the country. As one comment on the Canadian Archaeological Association Facebook page notes “There (will be) more people employed in a single Tim Hortons than are employed by Parks Canada nationally to preserve and care for millions of archeological historic objects in storage and on display.” Read more…

Ireland’s historic environment worth 40,000 jobs and 1.5 billion Euro

English: The Euro symbol (€) printed and in ha...

The Euro  (Photo credit: Wikipedia)

The Heritage Council of Ireland, a statutory body established under the Heritage Act, 1995, has released a report on the Economic Value of Ireland’s Historic Environment conducted by Ecorys and Fitzpatrick Associates. As defined by the report, Ireland’s historic environment consists of two World Heritage Sites, Bru na Boinne in Co Meath and Skellig Michael off Co Kerry, more than 20 Historic National Properties, 38,000 protected structures and more than 120,000 monuments protected under the National Monuments Act. These resources were used as the basis for the economic analyses.

Some of the highlights are:

  • The historic environment is a highly significant contributor to Ireland’s national economy, directly
    supporting almost 25,000 full-time equivalent (FTE) jobs.
  • Including indirect and induced effects, it is estimated that the historic environment sector supports
    approximately 40,000 FTE employment positions in Ireland.
  • Within the context of Ireland’s economy, it is estimated that the historic environment’s contribution to the
    national economy is equivalent to one percent of total Irish Gross Value Added (GVA), and two percent of overall employment.
  • Ireland’s built historic environment constitutes an invaluable educational resource, and at all stages of
    the lifelong learning spectrum. For example, not only are Ireland’s flagship heritage sites a major
    source of school educational visits, they are also a focus of academic research and conference
    activities.
  • The role of Ireland’s historic environment in attracting private sector investment into Irish towns and
    cities, and its contribution to enhancing quality of life/livability in these localities.

There are more benefits as well that can be seen in the report.

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