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"
Green" can mean different things to different people, but we'll give you the  basics for the building industry.  Despite more awareness about green building, there is still a lot of confusion about exactly what green building is. For most experts, there are five main characteristics that define it:
bulletHaving an environmentally friendly site selection or "footprint." Some of the factors involved are orientation of the house to maximize natural sunlight for heat and light, as well as shade for cooling. As a result, the home's furnace and air conditioning don't have to work as hard to maintain a comfortable house. Another goal is making a minimal impact on the area in which the house is built. Forget clear-cutting the entire lot; take down only the trees and bushes that would interfere with construction. The remaining trees can help cool the house in the summer and act as a windbreak in the winter. And locating the home near shopping and other services will keep the amount of driving down — a win for the entire environment.
bulletUsing energy efficient designs and materials while building a "tighter" home to prevent HVAC loss. The use of sunlight and shade for heating and cooling is as old as mankind, but there are designs and materials specifically designed to keep the house nearly air-tight. With less outside air infiltrating the home, the indoor climate is much easier to control. LED lights use a fraction of regular incandescent bulbs, while Energy Star appliances are certified to meet strict guidelines about how much electricity they require to operate.  Because higher insulation standards and Energy-Star-compliant appliances have evolved over the last few decades, energy efficiency is often the first place builders start when going green. 
bulletReducing a home's water consumption through low-flow fixtures. It's true that the earliest low-flow plumbing fixtures caused problems for some homeowners, but today's versions are as good — if not better — than the old water hogs. One technology is the incorporation of air into the process; the result is a low-flow shower that feels just as strong as the one using much more water.
bulletPromoting a healthy indoor air environment. Yes, air-tight houses are critical to energy efficiency, but an unwelcome result is indoor air quality that is five times more polluted than the air outdoors. Green builders often use some kind of fresh-air ventilation to exhaust the stale indoor air to the outside, bring in fresh air and conserve energy.
bulletEmphasizing material conservation and waste reduction while using sustainable products in design and construction. Engineers in the building-materials business have designed all kinds of products to save lumber by using optimal value engineered (OVE) joists and beams that require minimal trimming and boring for mechanical runs. Green builders can go as far as recycling job-site waste and using it for mulch in the newly planted yard.  Another form of waste reduction is building houses that will endure for years before requiring any serious maintenance. Metal or cement-tile roofing, for example, will hold up much longer than standard shingles; many have life expectancies of half a century.

Green building is no longer viewed as a passing fad or some strange notion adopted by militant environmentalists on the fringe of society. In fact, the editors of Harvard Business Review dedicated a large amount of space in their June 2006 issue to explain how green building is now an established mainstream building practice.

Hundreds of studies have proven the financial advantages of green buildings (residential and commercial), from reduced construction costs to lower operating costs, however, there are still some persistent myths that keep some in the residential construction industry from accepting that green building is proven effective and here to stay.

Myth #1: Green building is too expensive.
This is a very common misconception. Although it has been debunked many times in the past, it still lingers. "A lot of the high-profile green projects that get builders' attention are very high-end, and that's one reason this myth is still around," says Alex Wilson, president of BuildingGreen Inc. in Brattleboro, Vt. and executive editor of Environmental Building News. "But the simple fact is that there are plenty of strategies for inexpensive green building, from right-sizing the structure to optimal value engineering to reducing waste, among many others."

Myth #2: Green building is all about material selection.
Wilson says that in the past, people equated green building with using "green materials" such as those with high recycled content, low embodied energy, no VOCs, etc. And while he says that is an important part of constructing a green building, it is still a small part of the big picture. "Other factors such as site selection and energy performance are very important as well," says Wilson. "People are beginning to gain a greater understanding that green building is a systems approach to the entire construction process."

Myth #3: Green building products don't work as well.
Wilson points to low-flow toilets and fiberglass insulation as typical products that continue to get a bad rap. People still think that 1.6 gallon-per-flush toilets don't work, even though the fixtures were mandated for all new construction more than a decade ago, and that inhaling fiberglass fibers can lead to cancer. "By and large, new green products work as well if not better than traditional products," he says.

Myth #4: Green Products are hard to find.
Okay, there is some truth to this one; some green products are not manufactured nationwide and can be hard to purchase in some parts of the country. But the number of green products and systems that are available has grown exponentially over the past few years to the point where there are literally hundreds—if not thousands—of mainstream green products. BuildingGreen Inc. publishes two comprehensive directories (GreenSpec and Green Building Products) with performance data and contact information on just about every green product imaginable.