Episode 398: SPECIAL EPISODE: BXPs Ben Myers on Electrifying the Built Environment

Published: April 9, 2024, 12:51 p.m.

This episode of the REIT Report\u2019s ongoing series \u201cBuilding to Zero\u201d features Ben Myers, senior vice president of sustainability at BXP (NYSE: BXP) and continues to dig deeper into the real estate industry\u2019s journey to reduce emissions from the built environment.

Myers shares his view on why it is so important to take a long term view on electrification, which refers to the replacement of fossil fuel equipment, like internal combustion engines and gas boilers, with electric motors or heat pumps.

The common case for electrification is that building owners can decarbonize and utilize equipment that is significantly more efficient. \u201cElectrification of everything is what I'm here to talk about today. And in particular, how to spread this religion around electrification. I am a believer that we need to electrify the built environment and I'll explain why, but I do think that we need to take some important steps to get there,\u201d Myers says.