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GREEN Bill - Green Resources for Energy Efficient Neighborhoods

The House Finance Committee is still keeping busy, with unanimously passing incentives to encourage image of energy energy efficiency in new construction and remodeling (HR6078). Just this past few days we all focused on the Housing Bill, and still are focusing on the Housing Bill as Congress begins work on rewriting it. The House Finance Committe though has passed another significant piece of legistation.

The GREEN bill seeks to ease our energy crisis, revitalize our infrastructure, develop healthier and more sustainable neighborhoods.

It is expected to go before the full House in September.

Here is a copy of the bill. There has not been much in the way of media coverage. I think this bill has wide support across industry and consumer groups, so maybe there is a lot of good here.

I do know that we need something to break the hold of foreign oil and that our economy is not geared to run on $4.00 gasoline.

It seems to me that solar panels on home is at least a promising idea. There have been recent posts on off shore drilling and on nuclear energy. Both ideas do not bring immediate benefit but bring immediate cost. When was the last nuclear plant that came in ontime and onbudget? I'm not sure, just checking.

What will dependency on foreign oil do to our economy and policies in 10 years?

This bill may actually be a good one.

Here are some recent posts about energy ideas. In my mind, green means renewable energy and energy efficiency. But I think my understanding is a little limited, there is more to managing our ecological impact than conserving energy.

A good energy policy should, I think encompass all of these ideas and focus on short term solutions that provide long term answers. I heard recently a kind of moon shot commitment. That just does not seem like a bad idea to me.

http://activerain.com/blogsview/613518/A-WOW-Idea-For

http://activerain.com/blogsview/591658/San-Diego-Supports-Building

http://activerain.com/blogsview/622845/Nuclear-Power-Anyone

http://activerain.com/blogsview/620009/Our-two-party-system

Richard Smith
American Acceptance Mortgage, Inc
Toll Free 888-474-9920 Cell 423-280-0345
Home financing in Tennessee, Georgia, and Alabama.
Experience matters when it is your home loan.

FHA, VA, Rural Development, Reverse Mortgages, Construction Permanent, Renovation, FHA Renovation
Mortgage lending offices located in Chattanooga, TN
rsmith@aamonline.com

Posted by Richard Smith Mortgages Home Loans FHA TN GA AL on 08/03/2008 06:30 PM

Comments (10)

energy, green construction, green improvements, energy efficiency housing, house finance committee

Originally posted at: Richard's Real Estate Thoughts: GREEN Bill - Green Resources for Energy Efficient Neighborhoods

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10 Comments on GREEN Bill - Green Resources for Energy Efficient Neighborhoods

AUG

2008

Richard,

Thanks for the post. This is long overdue. However, I hope the Green Bill isn't rushed to a vote before being well thought out, like the recent legislation passed last week.

Richard, We have to do something.....our energy dependency goes so much deeper han just fuel. Being green helpd the environment, saves money and is generally just a good idea.

Thanks

Hello Richard, This is a great presentation and one that think serves everyone to better understand. Thank you also for adding links to couple of my posts,that is very gracious and unexpected. **Please know that this post merits being featured. I am really not into promoting myself here on this group as its founder. The links in your post had no bering on the decision to star this post. In the spirit of full disclosure I wanted it noted that the post is worthy despite any links you may or may not have included.

William

I should have listed even more of your posts here. In my mind, I actually did you a disservice by understating you contribution in this area.

Richard

William C,

I read in one of the posts that this is coming. and it is. There will be a plan to use renewable energy, not to save the planet, but because we cannot afford energy any other way.

The question for me on solar panels is how much upkeep is involved? I saw Ed Begley on some show and it seemed that his entire day was spent keeping up all the energy things in his home.

Richard

Bo,

I do not know the right answer, but I do think we need to find it out.

Richard

AUG

2008

Thanks for sharing this.

SEP

2008

It would be great to hear about NAR efforts with regard to the Green Resources for Energy Efficient Neighborhoods Act of 2008' or the `GREEN Act of 2008'.

I particularly like the Community Reinvestment Act amendments ... but there aren't that many banks in rural areas of South Jersey where I am from that exhibit any interest (excuse the pun).

SEP

2008

Richard, Thanks for bringing this to the attention of the ActiveRain community. It is good information and something consumers should be more informed about given the current state of our economy.

MAY

I have a comment here that hijacked my post in order to push for national health care. the comment has been deleted here, although I left a similar comment on another post by the same individual.

The other post is at least somewhat related. It is about voluteer in medicine.

It is sad that people try to hijack the work of others to push their own agendas. Such tactics have made me even less supportive of their goal of nationalized health care.

Richard

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