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Daily KosFRI DEC 02, 2011 AT 12:18 PM PST
White House announces job-generating energy-efficiency plan that needs no okay from Congress
byMeteor BladesFollow
It would have been delightful to have heard more of this "We Can't Wait for Congress" jobs campaign from President Obama about two years ago. But better late than never. The latest iteration is Friday's announcement of a $4 billion initiative to upgrade energy efficiency in public and private buildings, saving an estimated $40 billion annually and generating tens of thousands of jobs. And it won't cost taxpayers a dime. Happily, the plan can be accomplished without seeking impossible-to-get approval from that retrograde cabal of Congress which seems to believe any energy not extracted from hydrocarbons is Satan-spawned.
The concept is simple enough, one that was proposed as far back as the Carter administration: If you don't consume a unit of energy in the first place, you don't have to produce that energy. If you don't consume it, you don't have to pay for it. If you don't have to pay for it, you can spend the money on something else. The cheapest energy of all is energy you don't have to generate in the first place. And if the source of that unconsumed, unpurchased energy is, say, coal, you get the added benefit of not adding more CO2 to our already overburdened atmosphere. Win-win-win. It's so smart that backing has even come from the right-wing Chamber of Commerce, which has opposed almost every environmental initiative since Rachel Carson published her first book half a century ago.
The program announced today is part of the Better Buildings Initiative rolled out last February. BBI's goal is to leverage federal and private money to reduce energy consumption in commercial buildings by 20 percent by 2020. Several BBI projects are already under way. Obama added to those today by pledging to make $2 billion available for upgrades to federal buildings. Through the efforts of former President Bill Clinton, CEOs, mayors, university presidents and labor leaders also pledged to generate 2 billion additional dollars in private capital to retrofit "1.6 billion square feet of office, industrial, municipal, hospital, university, community college and school buildings."
To achieve the business-friendly, taxpayer-friendly, environment-friendly outcome of the program, upfront money has to be invested. That translates into jobs. So, actually, it's a win-win-win-win.
Read more:
http://www.dailykos.com/story/2011/12/02/1041791/-White-House-announces-job-generating-energy-efficiency-plan-that-needs-no-okay-from-Congress?via=siderec
http://www.whitehouse.gov/sites/default/files/bbi_factsheet_final_clean_12-1-2011.pdfhttp://www.whitehouse.gov/the-press-office/2011/12/02/we-cant-wait-president-obama-announces-nearly-4-billion-investment-energThe $4 billion investment announced today includes a $2 billion commitment, made through the issuance of a Presidential Memorandum, to energy upgrades of federal buildings using long term energy savings to pay for up-front costs, at no cost to taxpayers.http://www.grist.org/list#item-2011-12-02-white-house-to-make-4-billion-out-of-0-using-energy-efficiency