02 Dec '11, 10pm

Obama Announces $4 Billion Initiative to Upgrade Energy Efficiency of Nation's Buildings

Progress Ohio Via Flickr /CC BY 2.0 This is a pleasant surprise: President Obama announced today that he's launching a $4 billion private-public initiative to upgrade the energy efficiency of the nation's buildings. Bill Clinton joined Obama today in making the announcement, which shouldn't be surprising--the former president has been pushing the very idea that comprises the backbone of the initiative for some time now. According to an independent analysis, this effort to retrofit inefficient buildings will create tens of thousands of jobs, and will cost the taxpayer a grand total of nothing . How's that? The statement issued from the White House explains : (emphasis mine) The $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 ...

Full article: http://www.treehugger.com/energy-policy/obama-announces-4...

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