16 Dec '11, 7am

President Obama Announces Public/Private Investment of $4 Billon

President Obama Announces Public/Private Investment of $4 Billon

President Obama and former President Bill Clinton at Announcement of Initiative President Obama on December 2, 2011 announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector. The $4 billion investment 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. In addition, 60 CEOs, mayors, university presidents, and labor leaders today committed to invest nearly $2 billion of private capital into energy efficiency projects; and to upgrade energy performance by a minimum of ...

Full article: http://www.resnet.us/blog/president-obama-announces-publi...

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