Worth Sharing

WS

Stories That Matter

# World

New York Passes Historic Green Jobs Financing Law

avatar By Jeanne Goddard

28 Jun 2011 10 views
Size Print
Email
New York Passes Historic Green Jobs Financing Law
An innovative financing mechanism for achieving the green jobs and carbon cuts mandated in New York was passed last week by the state legislature. The Power NY Act funnels energy savings from individual electric bills to the cause of financing energy efficient retrofits on one million buildings and homes.

An innovative financing mechanism for achieving the green jobs and carbon cuts mandated in New York was passed last week by the state legislature. The "Power NY Act" funnels energy savings from individual electric bills to the cause of financing energy efficient retrofits on one million buildings and homes.

The win-win-win strategy of "on-bill financing" will create 14,000 living-wage jobs, cut carbon emissions, lower utility bills for working families, and enable moderate-income homeowners to access safe loans for retrofits and use energy savings to repay the loan.

(READ the story in TreeHugger.com)

Tags:
avatar

About author

More posts

# World

Non-Profit Teach for America Sees Big Growth

Teach For America announced this week a record number of incoming recruits for fall placement in low-income schools across the country. 3,700 new teachers will make a two-year commitment to urban and rural public schools, almost a 30 percent increase over previous years of the organization's 18-year history.

# World

American Millionaires Rewrite Their Own Image

A group called Patriotic Millionaires for Fiscal Strength came to Washington, DC this week to ask the debt reduction Super Committee to raise taxes on millionaires so that everyone can pay their fair share. Emphasizing community responsibility over greed, 200 millionaires signed a letter that calls for Bush-era tax cuts to end for those earning more than a million dollars a year.

# World

Greenest Skyscraper Ever Rises From World Trade Center Site

The new World Trade Center in New York currently under construction promises to be the most environmentally advanced structure ever built at this scale. In a project of this size, a LEED Gold certification would be a first of its kind, said Eduardo Del Valle, Director of Design Management, who has incorporated dozens of green strategies like hydrogen fuel cells into the skyscraper's design.

# World

New Technology Creates Solar-Powered Landfills

Landfills are a constant reminder of the waste we produce, but a new innovation could throw out the notion of a "dump" by turning them into productive solar power dynamos. In Georgia, a landfill generates renewable energy while covering nine million cubic yards of municipal solid waste with solar panels.

# World

Peace Corps Volunteers Use Chocolate To Lift Africans from Poverty

Africa produces 70% of the world's chocolate and 60% of the world's vanilla crop, yet the continent makes just 1% of finished chocolate bars, which leaves very little profit for the essential farming communities. Now, an innovative company started by former Peace Corps volunteers is disrupting that market spiral to make the world's best chocolate bars -- and make a difference -- in Madagascar.

You might be interested in

Be the first to comment

Leave a Comment

Recent Stories
  • The Broken Bicycle: A Short Moral Story
    17 Jun 45 Views
  • The Tortoise's Tears: A Short Moral Story
    17 Jun 128 Views
  • Tokyo's Restaurant of Mistaken Orders Employs Dementia Waiters for Unexpected Meals
    24 May 103 Views
  • Man Who Vanished Nearly 30 years ago Found Alive Under Neighbour's Cellar
    16 May 63 Views
  • Man Who Won $1,300,000,000 Lottery Jackpot Sued by Family After Breaking Promise to Share Winnings
    16 May 533 Views
  • Derinkuyu, Turkey's Underground City of 20,000 People
    12 May 218 Views