Illinois is two-for-two on clean energy wins. Today, Illinois legislators introduced a bill to spur significant new growth in the clean energy industry, creating an estimated 32,000 jobs annually across Illinois once proposed clean energy standards are fully implemented. Already a leader in America’s clean energy economy, Illinois, with this bill, would help boost the 100,000 clean energy jobs that already exist in the state, protect our children and future generations from the impacts of climate change, as well as maintain a reliable and affordable electricity system.
We already know the innovative program NYC Clean Heat is yielding tremendous results: soot pollution from buildings in New York City has fallen by more than 50 percent since 2011, preventing an estimated 800 deaths and 2,000 hospital visits due to lung and cardiovascular diseases annually. That hard work by Environmental Defense Fund (EDF), the City of New York, and our partners has now been recognized –again.
EDF partnered with the City to create NYC Clean Heat in 2012, which forged a diverse coalition of the financial, real estate, and non-profit communities, to launch a $100 million financing program to help phase out dirty heating oils. The program helped 4,000 buildings – half of them affordable housing – convert to cleaner, more efficient heating oils. Read More »
The Investor Confidence Project (ICP), an EDF initiative designed to unlock investment in energy efficiency, is making progress toward completing a credentialing system that would provide third-party validation of an energy efficiency project. The latest development is the Project Developer Credential, the second of three in the ICP credentialing system.
ICP is accelerating the development of a global energy efficiency market by standardizing how projects are developed and energy savings are calculated. The ICP system includes a set of protocols for developing energy efficiency projects as well as a credentialing system.
The Project Developer Credential is given to those developers who are able to properly deploy the ICP protocols when undertaking an energy efficiency retrofit. This latest development is an important step forward for investors of all types, especially building owners, who can now select developers from a growing list of credentialed providers. Read More »
Labor, business, and environmental leaders have formed a unique coalition that will urge Illinois lawmakers to pass new standards for energy efficiency and renewable energy, leading to tens of thousands of new, local jobs.
Members of the Illinois Clean Jobs Coalition, including Environmental Defense Fund, argue that the state should not settle for an old stagnant energy system – one that struggles to meet new Environmental Protection Agency clean energy standards, raises electricity prices for families and businesses, and fails to create new jobs. Instead, we should move decisively toward a cleaner, more reliable, and affordable energy future that increases employment right here in Illinois.
More than 100,000 individuals across the state already work in the clean energy industry, exceeding the number employed in the state’s real estate and accounting sectors combined. That figure is growing at an impressive rate of nine to 10 percent annually. Coalition members predict even sharper job growth if lawmakers embrace their recommendations for spurring a clean energy economy in Illinois, including: Read More »
Business leaders have long agreed on the “why” of environmental management: seeing the value in increased profits, reduced waste, and a smaller carbon footprint. But the “how” has often been the stumbling block.
Two case studies released today from adidas Group and the Housing Authority of the City and County of Denver (DHA) help to answer that question, detailing energy management strategies that deliver tremendous value and are great examples for other organizations to follow.
The adidas Group tackled the dual challenge of improving efficiency in existing distribution centers as well as when specifying material handling equipment in new facilities. Recognizing that only reducing upfront costs during design won’t optimize efficiency over the long term, the adidas Group is now analyzing the lifecycle cost of conveyer belts and other equipment. See the full case study here. Read More »
As the Texas legislative session begins ramping up, I am reminded of smart policies from sessions past that holistically benefit Texas, had bipartisan support, and brought unlikely allies together. As we head into the session, it’s important to remember that no matter which side of the aisle you are on, clean energy solutions make sense for Texas – economically and environmentally.
This week, Environmental Defense Fund and R Street Institute, with support from Google, hosted a breakfast roundtable at the Texas Capitol to highlight one of those bills. The panel highlighted the potential for Property-Assessed Clean Energy (PACE) and other commonsense, market-driven financing policies to be game-changers for accelerating the deployment and adoption of clean energy resources and water conservation practices across the state of Texas.
PACE, an innovative financing tool that allows people to repay loans for clean energy projects (like rooftop solar and energy efficiency upgrades) through their property tax bill, has the potential to unlock a considerable amount of private funding for clean energy projects in the state. This agreement simultaneously offers building owners cheaper financing options and lenders secure repayment terms. With benefits for all, it’s no wonder the PACE bill passed last legislative session with support from both sides of the aisle, environmental groups, and industry alike. Read More »