It takes money to make money: getting money to flow into energy efficiency projects

Energy in Demand - Sustainable Energy - Rod Janssen

Jim Barrett, Chief Economist, for ACEEE, The American Council for an Energy-Efficient Economy, writes an excellent blog on the ACEEE website about an initiative by the Bank of America to increase investments at the community level.

Bank of America’s Energy Efficiency Financing Program shows path to combining energy savings and community development

If you spend any time with the energy efficiency crowd, you will often hear us call it the lowest cost energy resource out there. What you will never hear us say is that energy efficiency is free. Efficiency can do many great things: It saves money, cuts pollution, increases productivity, and creates jobs. What it can’t do is defy one of the fundamental laws that governs all investments—it takes money to make money.

We want to get money flowing into well-designed energy efficiency projects, especially those that can do the most good where it is the most needed…

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