What's New From ASERTTI
2008 Presidential Candidate Energy Plans
With global climate change and U.S. dependence on foreign oil on the
forefront of current issues affecting our nation and the upcoming
election, the energy plans presented by both the democratic and
republican candidates present thoughtful approaches to resolving our
current dependence on fossil fuels.
John McCain, through his Lexington Project, proposes that he will
lead America to strategic energy independence through the implementation
of his comprehensive and integrated energy strategy, including:
- $5,000 tax credit for each and every customer who buys a zero
carbon emission car, encouraging automakers to be first on the
market with these cars in order to capitalize on the consumer
incentives.
- $300 million prize to improve battery technology for full
commercial development of plug-in hybrid and fully electric
automobiles.
- Commit $2 billion annually to advancing clean coal technologies.
- Construct 45 new nuclear power plants by 2030 with the ultimate
goal of eventually constructing 100 new plants.
- A permanent tax credit equal to 10 percent of wages spent on
R&D.
- Encourage the market for alternative, low carbon fuels such as
wind, hydro and solar power.
- A cap-and-trade system that would set limits on greenhouse gas
emissions while encouraging the development of low-cost compliance
options.
Barrack Obama proposes that his comprehensive plan to combat global
warming and achieve energy security will:
- Implement an economy-wide cap-and-trade program to reduce
greenhouse gas emissions to the level recommended by top scientists
to avoid calamitous impacts.
- Invest $150 billion over the next ten years to develop and
deploy climate friendly energy supplies, protect our existing
manufacturing base and create millions of new jobs.
- Dramatically improve energy efficiency to reduce energy
intensity of our economy by 50 percent by 2030.
- Reduce our dependence on foreign oil and reduce oil consumption
overall by at least 35 percent, or 10 million barrels of oil, by
2030
- Make the U.S. a leader in the global effort to combat climate
change by leading a new international global warming partnership.
The above are just some elements of the proposed energy plans, to
view John McCain’s full plan please
click here;
to view Barrack Obama’s full plan please
click here.
New LEED Study Released
A new study is available for free download, Energy Performance of
LEED for New Construction Buildings, prepared by the New Buildings
Institute with funding from the USGBC and the EPA. 121 LEED Certified
Buildings were studied and showed a substantial improvement of
performance compared to traditional buildings. To read the study, please
click here.
Western Climate Initiative Proposes Regional Cap-and-Trade Plan
The Western Climate Initiative (WCI), which includes seven States and
four Canadian provinces, released a draft on how it plans to implement a
regional cap-and-trade system for greenhouse gas emissions. The draft
plan would begin monitoring emissions in 2010, capping industrial
emissions in 2012, and would add other emissions in 2015. Unlike the
Regional Greenhouse Gas Initiative in the Northeastern US that regulates
only electric utilities, the WCI would regulate greenhouse gasses from
several sources. Under the current plan, individual states would decide
whether to hand out or auction off credits and polluters could write off
up to 10% of their emissions by investing in offsets such as planting
trees.
Bill to Encourage Energy Efficient Mortgages
As reported in EERE Network News, President Bush signed the Housing
and Economic Recovery Act of 2008 into law on July 30, and while the act
is focused primarily on addressing the mortgage crisis in the United
States, it also includes measures to encourage the greater use of energy
efficient mortgages (EEMs). Such mortgages allow people to purchase or
refinance their principal residence and incorporate the cost of energy
efficiency improvements into the mortgage. But while the idea is
laudable, the implementation of it is difficult, as the borrower must
first receive a home energy rating report, usually from an energy
consultant, and the report must demonstrate that the energy efficiency
improvements are cost effective. After the loan closes, the money for
the improvements is placed in an escrow account and is not released
until an inspector verifies that the improvements are installed and will
achieve the desired energy savings. Due to both the complicated nature
of EEMs and a lack of awareness of them, the Federal Housing Authority
has typically issued only about 30,000 EEMs per year.
To address that issue, Section 2902 of the new act requires the
Secretary of Housing and Urban Development (HUD) to develop
recommendations to eliminate the barriers to the use of EEMs, including
the lack of reliable and accessible information on such mortgages, the
confusion regarding underwriting requirements, the complex and
time-consuming process of securing such mortgages, the lack of publicly
available research on the default risk of such mortgages, and the
limited availability of certified or accredited home energy rating
services. HUD must report its recommendations to Congress within the
next six months. The act also calls for HUD to carry out an education
and outreach campaign for consumers, home builders, residential lenders,
and other real estate professionals on EEMs and on the benefits of
energy efficiency in housing. In addition, Section 2123 of the act
increases the limits for cost-effective energy efficiency improvements.
For most homebuyers, the cost of improvements can now be nearly 5% of
the property value, while it was previously limited to $8,000. But the
act also limits the number of energy efficient mortgages to 5% of the
number of mortgages for 1- to 4-family residences insured by HUD during
the preceding fiscal year.
ASERTTI Fall Meeting - Chicago, Illinois
Plans are underway for ASERTTI's 2008 Fall Meeting in Chicago,
Illinois. This year's meeting is being hosted by the Gas Technology
Institute, and Co-Hosted by the Energy Center of Wisconsin, and
University of Illinois at Chicago – Energy Resources Center. The meeting
will begin on Monday, October 13th and conclude on Thursday, October
16th. Highlights of sessions include:
- An update on DOE's Industrial Technologies Program by Program
Director Doug Kaempf
- News on Emerging Energy and Climate Policy from Noted Expert
Howard Learner of the Environmental Law and Policy Center
- An analysis of State and Federal Wind Power Legislation and
Industry Advances by Hans Detweiler of the American Wind Energy
Association (Invited)
- Information about New York's New Energy Efficiency Portfolio
Standard
- Updates on Emerging Efficiency Technologies from GTI
- News on ASERTTI Member Clean Energy and Efficiency Projects
Around the Nation
- Presentations on ASERTTI's new EPA Combined Heat and Power
Partnership Project, and Digester Database Program
Registration for the meeting is now open. For more information,
please contact Sherry Benzmiller at
SBenzmiller@ecw.org.
ACEEE Introduces a New State Energy Efficiency Policy Resource
The American Council for an Energy-Efficient Economy (ACEEE) unveiled
a new Web resource for state policymakers and energy efficiency
advocates on August 12. This site is the initial phase of ACEEE's new
State Energy Efficiency Policy, an ongoing project under the umbrella of
ACEEE's State Energy Efficiency Policy Activities. The site serves as an
easy-to-use online database of energy efficiency policies in the states,
searchable by state or by policy. The database covers:
- appliance standards
- building codes
- clean distributed generation policies
- tax incentives
- vehicle policies
- a host of utility-related energy efficiency information
The site currently covers information for most of the leading states.
Ultimately the site will cover policies for all states and will be
expanded to also cover state climate policies and smart growth
initiatives. The complete version of the Web site will roll out in
conjunction with the release of ACEEE's State Energy Efficiency
Scorecard for 2007/2008 in the beginning of October. ACEEE anticipates
updating information on the site on a quarterly basis as new policies
emerge.
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