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Obama tells agencies to commit $2B to green building investments
Fierce Government.com ^ | Dec 6, 2011 | Molly Bernhart Walker

Posted on 12/08/2011 9:05:43 AM PST by To-Whose-Benefit?

President Obama says retrofitting federal buildings should goose job numbers upward, reduce agencies' energy bills and help the envirionment. In a Dec. 2 White House memorandum he directed federal departments and agencies to implement energy efficiency upgrades to buildings over the next two years. According to the memo, the federal government will enter into more than $2 billion in performance-based contracts for federal building energy efficiency by December 2013.

Agencies are required to implement energy conservation measures in federal buildings, focusing on those with the greatest return on investment and a payback time of less than 10 years, consistent with real property and capital improvement plans, says the memo.

The memo suggests agencies use installation-wide and portfolio-wide performance contracts to maximize efficiency and return on investment. Beginning in 2012, agencies should incorporate an implementation plan into their annual Strategic Sustainability Performance Plans. And by Jan. 31, 2012 agencies are to report their planned implementation schedules to the Department of Energy, the Office of Management and Budget and the Council on Environmental Quality, says the memo.

The White House policy also sets energy and water evaluation requirements, and transparency and accountability measures for tracking progress.

In a Dec. 2 statement the White House revealed a parallel initiative by 60 private-sector companies, nonprofit organizations, and state and local governments to commit $2 billion in financing building renovations to increase energy efficiency. The total investment of $4 billion aims to create tens of thousands of jobs according to the administration announcement.

"Coupled with today's extraordinary private sector commitments of $2 billion to upgrade businesses, factories and military housing, America is taking another big step towards the competitive, clean energy economy it will take to win the future," Obama said in a statement.

The federal government has many, siloed, programs designed to encourage green building in the nonfederal sector. According to authors of a Government Accountability Office report (.pdf) there are 94 federal initiatives, implemented by 11 agencies, focused on green buildings. Governmentwide efforts would greatly improve if the programs were more collaborative, finds the report dated Nov. 2 but not released publicly until Dec. 2.

Authors recommend the secretaries of the Energy Department, Housing and Urban Development Department and the administrator of the Environmental Protection Agency collaborate on identifying performance information, such as shared goals and common performance measures, for green building initiatives for the nonfederal sector. GAO also asked agency heads to explore the need for additional legislative or executive authority that would establish a coordinating entity or interagency working group.


TOPICS: Business/Economy
KEYWORDS: green; waste
A Billion here and a Billion there, and pretty soon you're talking about Blowing the Debt Ceiling Again.
1 posted on 12/08/2011 9:05:49 AM PST by To-Whose-Benefit?
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To: To-Whose-Benefit?

More of the ACORN “weatherstripping” scam?


2 posted on 12/08/2011 9:07:23 AM PST by tacticalogic
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To: To-Whose-Benefit?

Never mind about fixing the problems Joe and Johanna Average are facing.


3 posted on 12/08/2011 9:07:37 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: To-Whose-Benefit?

....more stupid gambling of tax payer money on a dead horse....I thought Muslims aren’t suppose to gamble....or has the new Acorn started to ware green t-shirts?


4 posted on 12/08/2011 9:09:40 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Doogle

“more stupid gambling of tax payer money on a dead horse”

“the greatest return on investment and a payback time of less than 10 years”

Gambling implies that the Investor/Risk Taker has a Chance, no matter how small, of seeing a return on their stake.

The only return we’ve gotten so far from these charlatans from their “Investing in the Future” is $15 Trillion in Debt.


5 posted on 12/08/2011 9:28:52 AM PST by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: To-Whose-Benefit?

We got money for a green roof...ya know, a garden on the roof to keep it warm. Problem....Jerks forgot to figure the weight load....but they still have the money.


6 posted on 12/08/2011 9:44:10 AM PST by Sacajaweau
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To: To-Whose-Benefit?
"...Obama says retrofitting federal buildings should goose job numbers upward..."

Please, somebody - make it stop!!

7 posted on 12/08/2011 9:50:57 AM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: To-Whose-Benefit?

bttt


8 posted on 12/08/2011 10:09:11 AM PST by Baynative (The penalty for not participating in politics is you will be governed by your inferiors.)
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To: To-Whose-Benefit?

It’s like he’s one of those contestants in the phone booth of blowing money. He has four years to shove us much as he can into his pockets.


9 posted on 12/08/2011 10:14:26 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: To-Whose-Benefit?

The Joker burning the cash makes more sense than this guy.


10 posted on 12/08/2011 10:24:39 AM PST by FatherofFive (Islam is evil and must be eradicated)
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To: To-Whose-Benefit?

....or we’ll go Gibson Guitar on your A$$.


11 posted on 12/08/2011 11:13:18 AM PST by 4yearlurker (I've been dipping into my jar full of Hope & Change just to buy gas!!)
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To: Doogle

ware=wear...sheeeesh I type like Ricky Ricardo when p’d....someone has sum splainin to doo


12 posted on 12/08/2011 11:32:08 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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