BOMA International encourages new energy policy.

The Building Owners and Managers Association (BOMA) International, the leading advocacy group for the commercial real estate industry, called on Congress and the Bush administration to adopt a national energy policy that would benefit Americais workforce n commercial building tenants n during its annual National Issues Conference in Washington, D.C. on January 30, 2001.

More than 250 members of BOMA International, met personally with their congressional representatives Tuesday to discuss the energy challenge and other issues important to the commercial real estate industry.

BOMA Internationalis newly adopted energy policy, unanimously approved at the associationis Board of Governors meeting, encourages Congress to enact a national energy policy that ensures all consumers have access to adequate supplies of reasonably priced energy by addressing the energy challenge from both demand and supply perspectives.

BOMA suggests the following actions on the part of the federal government:

* Identify reliable sources of domestic and renewable energy;

* Eliminate unreasonable regulatory burdens and restrictions that inhibit the development of these energy sources;

* Identify and eliminate regulatory structures that impose artificial pricing schemes;

* Ensure an uninterrupted transmission and distribution energy network; and

* Protect consumers in the absence of competitive market forces.

BOMA members pledged to partner with all levels of government n as well as tenants n to continue to reduce energy demand through conservation. BOMA members will look to the government as a resource partner for research and education on the efficient use of energy.

Kurt R. Padavano, Senior Vice President for Advance Realty Group and President of BOMAoNJ, stated, iBOMAoNJ is doing its part to help our country confront the energy issues as they relate not only to our industry but how we live as well. Our belief is that although our members do their part to conserve energy and reduce demand, the Federal Government must put a national energy policy in place to address the supply side of the equation.I

Founded in 1984, The Building Owners and Managers Association of New Jersey consists of over 400 members representing the leading building owners, managers, developers, asset managers, leasing professionals, corporate facility managers and providers of products and services for commercial properties. Internationally, the organization has over 95 associations representing 6 billion square feet of commercial space. BOMA-NJ holds monthly information exchanges and additionally provides continuing education courses through The BOMI Institute.