05 Mar '12, 12am

Report: US Green Deal-style financing could help yield $1tr in energy savings:

The US government has been urged to support new types of financing models that encourage households and businesses to invest in energy efficiency measures, after a new report suggested building retrofits could yield $1tr in energy savings and create millions of jobs. Deutsche Bank Climate Change Advisors and The Rockefeller Foundation launched the report late last week, examining the potential investment opportunity of upgrading US real estate, as well as new financing models that could help drive investment. FURTHER READING Waitrose Olympic store hails green BREEAM milestone Ed Davey: We can export Green Deal to rest of Europe It concluded $279bn could be invested in retrofitting domestic and commercial buildings, which could yield more than $1tr of energy savings over the next decade. It added that if all these retrofits were undertaken more than 3.3 million job years co...

Full article: http://www.businessgreen.com/bg/news/2156824/report-green...

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