Green is non-partisan.
Green is good for the country, the world, our kids, and our financial health as individuals, families, and a nation.
For the next few weeks we will hear Congress and the President debating about how much money to give back to us as part of an economic stimulus program. Part of the package they are discussing is a long needed reform to increase the conforming level for loans, a real boost for our industry, especially in states with high priced housing. There's debate about whether it will prolong the bubble, but in general, I think most real estate professionals favor this part of the package.
As a supporter of green building and smart investment I think we are looking at a missed opportunity with the rest of the stimulus package. Everyone knows that gas prices are high. Home heating costs are hurting millions of low income Americans. We're also looking at increased unemployment around the country. Ask yourself what kind of boost it would be for the economy if we decided to invest the $150 billion into green improvements to our housing, our commercial buildings, transportation, and our manufacturing plants.
Almost everyone agrees that the real purpose of the stimulus package is to create spending in the economy. If we used a combination of rebates and tax credits to spend those billions on insulation, weather stripping, efficient lighting, high efficiency heaters and air conditioners, and other simple, cost-effective conservation measures we would be putting hundreds of thousand of people to work and saving money for homeowners and the country at the same time.
I don't think it's too late to contact your Congressional representative and Senators to encourage them to consider a green stimulus package. It would be a wonderful combination to fight the economic slowdown by greening our economy.
Dave. Sorry, but "Green" has become partisan. In many cases it is used as a bludgeon to prop up industries that aren't yet economically viable. And, shooting the stimulus at that small of a target would create more problems and solve very few. It certainly wouldn't lead to a wide market economic recovery.
As for the stimulus package itself, it isn't a good idea. If the government wants to accomplish something, they need to step out of the way instead of trying to take a larger role in the economy. At the least, making the Bush tax cut permanent would be a good step. It would be better to scrap the current byzantine tax code and adopt something like the FairTax to replace it. We need to do things that are going to stimulate long term growth.