Clean Energy Jobs Go Home: $30 Billion to put 4.5 Million to Work
By Adam Seigel
December 16, 2009 - 5:32pm ET
Clean Energy Jobs Go Home: $30 Billion to put 4.5 Million to Work
This is part of a series of brief posts on 'clean energy jobs' opportunities for sparking meaningful employment, quickly, in the United States as discussed in Clean Energy Jobs: Stimulate Me.
Investing in building energy efficiency is one of the most effective ways to create job and revitalize the economy while achieving other objectives. Ed Mazria and Architecture 2030 have been a fount of good ideas as to how to spark employment and boost economic performance while reducing polluting energy habits and kick-starting the nation toward a prosperous low-pollution future. These have truly been win-win-win concepts.
As the nation looks to serious government action
to seek to spark employment, the latest proposal from Mazria / Architecture 2030 should be on the top of the pile for consideration. This "One-Year, 4.5 Million Jobs Investment Program" would:
- Invest $30 billion per year in mortgage interest buydown
- To help fund home improvements in energy efficiency and renewable energy
- Amount of interest rate buydown based on exceeding energy efficiency standards
- Interest rate rate buydown requirements spending on improving home energy
- Reduced energy costs
- Reduced monthly mortgage payments (even accounting for investment costs)
- Reducing likelihood of foreclosure (energy efficient homes have lower foreclosure rates due to lower utility bills)
- Built infrastructure is responsible for about 40% of US emissions
- Energy efficiency in buildings is fastest payoff for reducing energy use / emissions
- Return approximately $60 billion to federal government due to tax revenue
- Reduce unemployment & other required government assistance
- Spread throughout the United States, in all communities
- At all educational and skill levels (from day laborers to master electricians to the mortgage industry to architects / engineers / scientists)
- Among some of the hardest hit sectors of the work force (construction industry)
This multiple win approach, to achieve rapid and significant job growth while moving forward in other arenas, should be on the top of the pile as Congress develops a jobs bill in the coming month.
Clean Energy Jobs Go Home: $30 Billion to put 4.5 Million to Work
NOTE:
On this proposal, see David Roberts, Grist, How Obama could use his jobs speech to win both domestically and internationally.
This $30 billion proposal might be useful to compare to the $23 billion or so being proposed for Cash for Caulkers.
Some other GESN discussions of Architecture 2030 proposals, see:
Architecture 2030 plan to revitalize the economy- A W4 Solution: Insulate US from economic and climate devastation
- Massively efficient way to stimulate the US economy
- Win to the Sixth Power
Clean Energy Jobs series posts:
- Clean Energy Jobs Go Swimming
- Clean Energy Jobs Fill Labs
- Clean Energy Jobs Go To The Cleaners
- Clean Energy Jobs Blow In (not Blow Up) Coal River Mountain
- Clean Energy Takes the PHE School Bus
- Clean Energy Jobs Go to the Market
- Clean Energy Jobs Go to School
- Tips for the Job Summit: Can we say Clean Energy Jobs?
- Clean Energy Jobs: Stimulate Me
Adam Siegel blogs in the domains of energy and environmental implications. He is a founding board member of The Energy Consensus (a non-profit focused on enhancing the policy dialogue related to energy issues) and Energize America (focused on developing energy concepts for potential legislative action using the blogosphere as a developmental platform).
We welcome your comments. Please keep them civil and relevant to the post you're commenting on. We reserve the right to remove comments that are objectionable, anonymous or are otherwise in violation of our terms of use.
Views expressed on this page are those of the authors and not necessarily those of Campaign
for America's Future or Institute for America's Future



Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
