Berliner (D-Dist. 1) of Potomac has joined Climate Communities, a Washington D.C.-based coalition of cities and counties charged with addressing climate change at a federal level, to push his plan for federally-subsidized home-energy audits. Berliner proposes granting zero-interest $5,000 loans to county homeowners
Berliner proposes granting zero-interest $5,000 loans to county homeowners
Dood! Five grand is chump change. The economy is in CRISIS! Go long on $30K minimum and truly "recapitalize" RE "fair value." What the hell, I'll promise NOT to be my own independent contractor ...
who would then use the loans to pay for a home-energy audit and recommended efficiency improvements, such as solar panels or geothermal heat, or simple fixes like caulking around windows. "It's a game-changer because the homeowner taking the loan no longer has to calculate whether it's a cost-effective loan or not," Berliner said. "The homeowner can take out the loan, get money in their pocket and not worry about it." Homeowners would repay the loans through additional costs pinned to their property taxes. If a homeowner moves, the new owner would be responsible for the remainder of the money owed. Funding for the loans, which would come from the federal government if Berliner gets his way, would be managed by a proposed Montgomery County Home Retrofit Revolving Fund.
"It's a game-changer because the homeowner taking the loan no longer has to calculate whether it's a cost-effective loan or not," Berliner said. "The homeowner can take out the loan, get money in their pocket and not worry about it."
Homeowners would repay the loans through additional costs pinned to their property taxes. If a homeowner moves, the new owner would be responsible for the remainder of the money owed.
Funding for the loans, which would come from the federal government if Berliner gets his way, would be managed by a proposed Montgomery County Home Retrofit Revolving Fund.
Meanwhile, downstream, fossil fuel producers ponder alternatives to foreclosed granite countertops...
Jackasses Solicit Certain Better Ideas | Bloomberg | 12 Jan 2009
President-elect Barack Obama is making "significant" changes to his economic stimulus program, such as boosting energy tax incentives, after members of his own party called elements of the plan inadequate. "I think they're moving very effectively to respond to the issues that we raised the other day," Senator John Kerry, a Massachusetts Democrat, said yesterday after lawmakers met with Obama economic advisers Larry Summers and Jason Furman. Senator Maria Cantwell, a Washington Democrat, said Summers showed a willingness to double tax credits in the bill for renewable energy to more than $20 billion. ...
"I think they're moving very effectively to respond to the issues that we raised the other day," Senator John Kerry, a Massachusetts Democrat, said yesterday after lawmakers met with Obama economic advisers Larry Summers and Jason Furman.
Senator Maria Cantwell, a Washington Democrat, said Summers showed a willingness to double tax credits in the bill for renewable energy to more than $20 billion. ...
Cue Eddie Murphy Raw, Nuttin from nuttin leaves nuttin ...
"We're going to have a collaborative, consultative process with Congress over the next few days," Obama said yesterday on ABC's "This Week" program. "If people have better ideas on certain provisions," the president-elect said, "we welcome that." ... Cantwell said senators are discussing allowing unprofitable [?!] solar and wind energy producers to cash in tax credits they otherwise wouldn't be able to use until they become taxpayers. Senators are also considering whether to make the credits tradable, she said.
Cantwell said senators are discussing allowing unprofitable [?!] solar and wind energy producers to cash in tax credits they otherwise wouldn't be able to use until they become taxpayers. Senators are also considering whether to make the credits tradable, she said.
