TV News LIES

Thursday, Jun 30th

Last update05:20:13 AM GMT

You are here News Energy New York Becoming a Model for How to Effectively Create Green Jobs

New York Becoming a Model for How to Effectively Create Green Jobs

E-mail Print PDF

NY model for green jobsThe New York State Legislature's passage of the Power NY Act was a bright moment in a session marred by budget cuts and layoffs. The new law allows the Green Jobs-Green NY program to advance toward goals of generating 1 million energy efficiency retrofits on homes and businesses and creating over 14,000 full-time permanent jobs.

Consider this: Sealing and insulating a home saves 20 to 50 percent on energy. But many owners can't afford this work. That's where Green Jobs-Green NY and the Power NY Act come in.

If you're a homeowner and a utility customer in good standing, the state will pay upfront for retrofits. Using "on-bill recovery" -- the financing mechanism created by the Power NY Act -- you'll repay the state over time via your utility bill.

The repayment is less than the monthly energy savings, so it doesn't increase expenses. The fact that utility customers rarely default on their bills -- even if they pay late -- allows the state to attract billions from investors. The potential environmental impact is also impressive: The program could reduce greenhouse gas emissions by the equivalent of removing about 1 million cars from the road.

More...


Most Recent Related Stories...


Nuclear reactor at Indian Point plant in N.Y. shut down again after leak found

Indian Point reactor leakOne of two reactor units at a nuclear power plant near New York City has been...

ExxonMobil tried to censor climate scientists to Congress during Bush era

Exxon tried to censorscientistsExxonMobil moved to squash a well-established congressional lecture series on climate science just nine days after...

North Dakota rig count up more than 10 percent

N Dakota rigging up ten percentNorth Dakota saw the number of rigs actively exploring for or producing oil and gas increase...

Portugal runs for four days straight on renewable energy alone

Portugal runs four days on renewable energyPortugal kept its lights on with renewable energy alone for four consecutive days last week in...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!