Home Economics

Excerpts from article/viewpoint Home Economics from American City: A campaign to retrofit the country’s aging housing stock and commercial buildings could make a major dent in reducing emissions nationwide. But despite all the talk of energy independence during the 2012 presidential campaign, retrofitting buildings received only passing mentions from President Obama. Republican challenger Mitt Romney’s […]

December 3, 2012; 10:35 AM • by Oregon Hill

Excerpts from article/viewpoint Home Economics from American City:

A campaign to retrofit the country’s aging housing stock and commercial buildings could make a major dent in reducing emissions nationwide. But despite all the talk of energy independence during the 2012 presidential campaign, retrofitting buildings received only passing mentions from President Obama. Republican challenger Mitt Romney’s energy platform did not mention it at all.

Yet Democrats, Republicans, environmentalists and financial institutions alike agree that the country must become more energy efficient — not just for the environment, but for the bottom line.
….

“Let’s address communities as communities,” Cochrane said. “We have this perfect alignment of the owners’ immediate needs, the utility’s long-term investment interests and actually delivering these deep savings.”

CDFIs could play an important role here, too. The energy efficiency market is full of uncertainty. From unreliable contracting costs to fluctuating energy prices and shifting weather patterns, there are many unpredictable variables. More standardized data coming from an organized network of local or regional CDFIs could attract more private investment, industry players said.

This is one of the best articles I have seen on this subject. Think about sharing it with your neighbors.