Green Investments Pay – Not according to the FHFA

This is an interesting Blog and an interesting post. I am no good at posting videos so:

http://legalplanet.wordpress.com/2012/09/09/are-pace-financed-residential-energy-improvements-capitalized-into-home-prices/

Are PACE Financed Residential Energy Improvements Capitalized into Home Prices?

September 9, 2012

The FHFA believes that an unintended consequence of obtaining a PACE loan is to increase the risk of mortgage default.  The FHFA’s  logic is that if the green investments are not capitalized into home prices then the home owner’s equity decreases as equity =  sales price – debt owed.   Under these assumptions, the green investment doesn’t raise the sales price but does increase the debt owed. My recent research convinces me that this pessimism is false.  Here is  My letter to the FHFA. Here is my July 2012 peer viewed paper on solar panel capitalization effects in San Diego and Sacramento   dastrup-zivin-costa-and-kahn .

We need more regulatory scholarship focused on empirical work and hypothesis testing.  I have an incentive to say this because that is what I do.

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Go there and see the video. More tomorrow.

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Global Warming Causes The Illinois Drought – This will probably last until May 2014

Why do I say that. Because the Sun is finally into its warming phase. The Sun always has 4 cycles: cooling, quietude, warming and maximus. These cycles inhabit an 11 year cycle most probably related to the creation of some of the heavier elements in its core. What does change in no known sequence is which is bigger the cooling cycle or the warming cycle and I suppose some brief time periods of equilibrium. For the last 30 years (almost 3 full cycles) the cooling side of the cycle has been bigger than the heating cycle and the last quietude was almost 2 full years which I believe is the biggest in recorded history. Here is the point. The planet should be cooling but it isn’t. During the cooling we still had some pretty hot years. Why. There is no other thing to blame, but humans. Now that the Sun is heating up and for the next 3 years or so, Watch Out!

http://www.examiner.com/article/drought-affects-nation-s-energy-prices

If you think the drought of summer 2012 is only increasing the prices of the nation’s corn and grain supplies, you’re missing a large part of the picture. Drought reaches into every corner of American pockets, affecting even the cost of driving a car and what we pay for air conditioning.

Current drought conditions

The United States is experiencing the most severe drought, with the highest percentage of land affected by it, in over 60 years, according to the National Climatic Data Center‘s July 17 report. (See August 5 Palmer drought severity map at left. Yellow = moderately dry, orange = severely dry, red = excessively dry.)

Parched conditions have now led to disaster declarations in more than half the counties in the nation–1,584, in 32 states–this growing season. The declarations make these areas eligible for government aid, including low-interest emergency loans to hold the line until farms and ranches recover.

And the ripple effects of this brutal weather will extend farther than the farms in the Midwest, where corn and soybean crops are failing. It will affect meat production nationwide as well because pasture and grazing land has been blighted, forcing farmers and ranchers to seek other–and more expensive–feed for cows and other animals.

In some areas, cattle have to be fed with next year’s grain reserves because local pasture lands have dried up. Almost four million acres of federal conservation land has been opened for haying and grazing. Crop insurers have also begun to provide penalty-free 30-day grace periods on 2012 premiums.

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Smart Grid Efforts Breed Parasites – Blame monopoly capitalism

If the utility companies were smart they would have been in the forefront of this effort, but years of being monopolies have sucked their brains out of their ears. So now we are going to have parasites festering all over the new grid. This can not be good. That is obviously not how this author sees it.

http://gigaom.com/cleantech/a-startup-emerges-to-help-time-shift-energy-use/

A startup emerges to help time shift energy use

By Jul. 5, 2012, 12:00am PT

Dialing down your home’s energy consumption during times of peak power grid use in exchange for compensation is an emerging service. Picture it’s a hot day and you agree not to jack up your air conditioner in exchange for a discount on your utility bill. Startups like new-comer Smart Grid Billing are developing applications to help manage this process, and later this month Smart Grid Billing plans to launch a field trial of its service at a golf course.

Founded in 2009, Smart Grid Billing is testing its combination of energy-monitoring wireless-connected plugs and software that collect and crunch energy consumption data. The service stores the data in a central server and can determine which appliance or equipment has the potential to reduce or cut its electricity use in real time.

This block of unused power can be sold to a local grid operator. Smart Grid Billing shares the revenue from that sale to its customers, and the plugs are programmed to restore the electricity flow back to the equipment at a later time.

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Go there and read. More tomorrow.

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Summer Energy Tips – Pretty fancy digs in this one

Well even middle class and rich people gotta pitch in.

http://www.wholeliving.com/136091/keep-cool-summer-home-energy-tips/@center/136755/green-home-guide

Keep Cool with Summer Home Energy Tips

Green Your Home, Slash Your Bills

The prospect of dizzying energy bills, maxed-out power grids, and killer heat waves poses a dilemma for the eco-minded. Crank up the AC, and you’ll burn through countless kilowatts — not to mention your budget. Listen to your green conscience, and you’ll pay with sweat.

But when you maximize the efficiency of your home’s cooling system and adopt smart, low-cost strategies, you can save money and still beat the heat. In fact, by eliminating wasteful habits and power guzzlers, you could cool your home with up to 50 percent less energy and save more than $400 on annual utilities. With 100 million tons of heat-trapping CO2 emitted every year as a result of residential air-conditioning, your new habits will amount to nothing less than a step toward global cooling

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Go there and read. More tomorrow.

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Energy Tips For The Summer – Wow this one is real long

What more can I say. This is actually a pretty thoughtful list and like I said long. I will do the first 5 or so and then:

http://www.floridapsc.com/publications/electricgas/20summer.aspx

  1. Close shades, drapes and blinds during the day (all directions).
  2. Wear light weight clothing (short sleeves, shorts, cotton).
  3. Set the air conditioning thermostat at 78 degrees or higher. Raise it a few degrees higher when away in the day. A lower air conditioning temperature makes your costs much higher. Setting your air conditioner at 70 degrees instead of 78 can almost double your operating cost!
  4. Don’t choose a lower air conditioning temperature when you first turn it on. It won’t cool faster –- whenever it’s running it’s cooling as fast as it can. Set low, it cools longer, not faster.
  5. When weather is mild, use fans instead of the air conditioner. Your central air conditioner will use about 100 times more energy than a fan at medium speed.
  6. If you have ceiling fans, run the fans and the air conditioner at the same time but set the air conditioner a few degrees higher, to 80 or 81 degrees. With the breeze from a fan, you should feel as cool as you would at 78 degrees with no fans – but you’ll reduce your costs by about 15%-25%.

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Go there and read. More tomorrow.

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Conservation Of Energy In The Spring – Even Dominion gets into the act

Dominion is an energy company so this is actually sort of progressive. I say sort of, because if they offered real programs for solar water heaters, solar photovoltaics and geothermal at the residential level they would be on the right path. But one baby step after another I guess.

http://e-conserve.blogspot.com/2009/03/spring-cleaning-add-energy-efficiency.html

Exploring ways to save energy, money and the environment

Join Dominion in sharing ideas about how to save energy and money while helping the environment. Learn more about energy conservation from our Energy Experts.

Monday, March 16, 2009

Spring Cleaning? Add energy efficiency to the “to do” list and save money.

‘Tis the season for the chore called Spring Cleaning. For me, I have to motivate myself to get ready to clean (not my favorite household chore). But this year I am thinking about it positively, thinking of all the energy I will save.

There are some chores you may want to add to your cleaning list that will help you save energy and money leading into the cooling season.

  • Dust the lamps and lightbulbs. The dust and grime on the bulb makes it dirty, reducing the amount of light it gives off.
  • Clean your air filter. Replacing air conditioning filters allows for the system to run efficiently.
  • Clean the air return vents. Make sure drapes and furniture aren’t blocking the vents.
  • Vacuum the refrigerator coils. The dust builds up, causing the fridge to run less efficiently.
  • Thoroughly dust electronics and then unplug them when not in use.
  • Scrub the tub and then install low flow showerheads.

For tips on how to save year round, you can visit our website at http://www.dom.com/.

Posted by Alison@Dom

Courtney@dom Energy Conservation Analyst

Stephen@dom Energy Conservation Analyst

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Go there and read. More next week.

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Energy Saving Tips For The Spring – The comments are a tad more interesting than the piece

That comment is not meant to be offensive. I have seen these “tips for the (fill in a season)” before and I think people’s responses to them are fascinating.

http://www.eereblogs.energy.gov/energysavers/post/Spring-into-Energy-Savings.aspx

Spring into Energy Savings

clock April 14, 2009 06:00

No winter lasts forever; no spring skips its turn.
– Hal Borland

In my part of the country, winter seems to hang on an interminably long time. So I always look forward to the first signs of spring with unbridled glee. At the first glimpse of a cherry blossom, the winter boots are banished to the back of the closet and the sandals are put to work in earnest.

But while spring may give the perfect excuse to hang up the winter coat, the advent of spring does not mean that we can pack away thoughts of energy efficiency with our wool sweaters. Last winter, Jennifer Carter gave us a number of great energy efficiency tips for winter. Now that spring’s milder temperatures are upon us and it’s time to consider what energy efficiency means in warmer weather, the Office of Energy Efficiency and Renewable Energy’s new Stay Cool, Save Money website is a great resource for efficiency tips. The site has a wealth of no-cost and low-cost advice that can help you lighten your energy load without lightening your wallet. And, for those ready to make a more long-term investment in energy savings, the site has resources to help you make well-informed decisions to get the most bang for your energy buck.

The following tips provide a taste of the energy saving-strategies that the Web site has to offer

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There’s a taste. Go there and read. More tomorrow.

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More Spring Energy Tips – But the freeze just put an end to our nice weather

We were having a great weird spring with temperatures consistently above 60 degrees. Then last night we got 4 hours of freezing and tonight we get 5 more. Coral Bells, Pawpaws and some bushes took a hit. Still, here are more Spring tips.

As a couple, my husband and I were naturals to become part of the green movement: We already used mass transportation, spent considerable time camping in national parks and recycled obsessively (rinsing foil and all). But it was the birth of our daughter that deepened our commitment to making easy household changes — the idea of leaving the world better for her and her generation.

Here’s how we created a greener home:

1. To Market, to Market
Our vast collection of reusable market bags started with two cute canvas totes I’d purchased at a thrift store. Now we have about 14 totes, which we grab as readily as we grab our keys on our way out the door for groceries. We’re keeping plastic bags out of landfills, and as a bonus, the totes’ sturdy shoulder straps make schlepping goods up the stairs to our front door less back-breaking.

2. What Good Things Grow
Through my husband’s involvement with the local community garden, we learned about a massive composting initiative, which takes neighborhood compostable waste and transforms it into dark, nutrient-rich dirt. Now, after dinner, we take a bowl of our unwanted onionskins, carrot peels and eggshells and leave them in the bin at the garden gate. Less waste in our kitchen means that our garbage bags go further too.

 

3. Seeing the Light
When compact fluorescent lightbulbs (CFL) first became available (and the U.S. government announced that if every home replaced one regular bulb with a CFL bulb, we could prevent 9 billion pounds of greenhouse gas emissions per year), it was a no-brainer. We made the switch, socket by socket. But we were concerned when we learned that the mercury in these bulbs made proper disposal an imperative. Fortunately, Home Depot has signed on as a nationwide recycler, so all we have to do is to bring our used bulbs there and look for the big orange bin just for CFLs.

4. Second Lives
Living on a tight budget through college is probably what ratcheted up my resourcefulness. As a result, I’m always looking for the next use of an item before throwing it away. The pink sheets that are now too scratchy for sleeping? With a little time and effort, they became a doll, with eyes made from old buttons and hair from my abandoned knitting-project yarn. The old album covers collecting dust on the shelves? A couple of ready-made frames transformed them into instant wall art.

5. Off With It!
Hot out? Line dry your clothes instead of using the dryer. Not actively on the computer? Power down and unplug it. Bored? Reach for that huge pile of been-meaning-to-read books instead of grabbing the remote. There are hundreds of alternatives to the old electronic habits. And once you’re committed to changing your habits, it’s easy not to look bac

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More tomorrow.

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Spring Has Sprung In El Paso – They want you to throw open your windows

These tips are really kinda lame but at least they are trying.

http://www.epelectric.com/nm/business/spring-energy-efficiency-tips

As you’re doing your spring cleaning and getting your air conditioner, as well as your house, ready for the hot weather, consider making some changes around the house that will help save energy dollars this summer.

When cleaning windows, check to see if they’re in good condition.  Loose, leaky or single-paned windows allow heated or cooled air to escape, taking hard-earned dollars with it.  Repair existing windows or replace them with energy-efficient models.

  • If you leave your windows open to enjoy the weather, remember to shut off the heating system.  A thermostat will call for heat when it’s set to a temperature higher than the outside air.
  • Clean under and in back of the refrigerator.  Dust can build up in those hard-to-reach areas, causing the refrigerator to run less efficiently.  If you have an old refrigerator that was manufactured before 1993, consider replacing it with a new Energy Star-rated model.  They use half as much energy as models manufactured before 1993 and 15 percent less energy than other new models.  This change can save you hundreds of dollars a year.
  • Unplug the old, inefficient refrigerator or freezer that’s in the garage – it’s wasting energy and money.  If a second refrigerator or freezer is needed, keep it full.  Water and ice work well for this.
  • Dust or wipe light bulbs.  Clean bulbs provide more light for the money.  Replace high-use incandescent bulbs with compact fluorescent bulbs and fixtures – they use two-thirds less energy and last up to 10 times longer.
  • When washing clothes, adjust the water level to match the load size, and use cold water whenever possible.  Use the dryer’s moisture sensor option that automatically shuts off the machine when the clothes are dry, and clean the lint filter before every load.  Consider hanging clothes outside to dry instead.

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Go there and read. More tomorrow.

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