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Introduction The American Clean Energy and Security Act of 2009 (ACES), commonly known as the Waxman-Markey Bill, narrowly passed the U.S. House of Representatives on June 26 and is now before the Senate. There will likely be amendments and revisions before the bill is submitted for a Senate vote, but most experts feel that this measure will, in some form, ultimately become law. This paper provides an overview of four key implications the bill will have for real estate owners and occupiers, and important steps you can take to prepare for this major shift in the regulatory environment.
Keywords: JLL, Jones Lang LaSalle, Sustainability
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