Category Archives: Financial Incentives & ROI

Ed Begley on Living Green

“According to Begley, the biggest misconception about living green is that it has to be expensive. “I didn’t have the money and I certainly didn’t want to get into debt,” he says. He made the cheap and easy changes first, and says he saved $300,000 over the past 40 years.”

Ed Begley

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Triple-Pane Windows Theory

A shockingly simple blueprint for big cities to save the planet without wrecking the economy.

Climate scientists have estimated that, in order to avoid runaway global warming, the world would need to cut its carbon emissions roughly in half by 2050. Since emissions in developing countries like China and India are still rising fast, meeting this target would require developed nations to aim for a figure more like 80 percent. When you consider that the United States, the largest polluter in the developed world, has no real strategy in place to achieve that—and that no binding international agreements appear to be on the horizon—the goal can start to sound nigh impossible.

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Going Green & Saving Big: In The Home

Many consumers and home owners overlook the major savings possible when you go green. Believe it or not there is hundreds of extra dollars that can be accumulated through buying and conserving in an environmentally conscious way. Through practicing the old three R’s “Reduce, Reuse, & Recycle” you can save a substantial amount of money. Below is a list of the most effective methods to go green and save big in your home.

• Strive not to over utilize your air conditioning units during the summer. Invest in ceiling fans and open windows on cooler days.

• Switch off lights in your home when you’re not in the room. It saves power and the bill.

• Install energy saving efficient light bulbs and try to incorporate as much natural sunlight into your home as possible.

• Use double sided skylights.

• During cold weather apply weather strips to doors and windows.

• If it’s room in your budget consider alternative home energy sources such as solar and wind sustainable powered energy.

• Instead of standard buy sustainable home products.

• Gather up your old electronics and recycle them. Some stores give you discounts or free upgrades when you recycle certain items like cellular phones.

• Purchase organic healthy foods. Although, it may seem to be pricey in the long term it will save you money than buying processed foods that can make you potentially sick.

• Take the time to routinely clean your refrigerator gasket.

• Invest in an eco-friendly showerhead with low pressure.

• Invest in a flash water heater to save half on your heating utility bill.

• Don’t buy disposable towels and napkins. Use cloth versions instead.

• When it’s possible cook in your toaster oven instead of your regular oven. It saves on energy.

• Set-up a solar water heater on your roof. This investment can earn you tax credit.

• Unless you have a certified energy efficient dishwasher try to wash dishes and dry by hand.

• Shut off your computer printer when its not in use. At night before bed shut off home PC from the power-strip to reduce waste.

• Recycle florescent light bulbs at local hardware stores to help the environment.

Remember, there is always something you can do to conserve and save around the house. Add two or more of these savvy green tips to your daily life and make a positive impact on the world.

Smart Energy Technology:

Almost Makes You Feel

– that the US is finally taking the environment (or at least the gas crisis) seriously:

From AutoblogGreen:

States pay drivers to replace their older cars

Considering that the legacy left behind by American car companies has little to do with being clean, there seems to be an increased sense of urgency by some U.S. states to replace the older fleet of vehicles with newer, and therefore cleaner, vehicles. The states with the two largest vehicle fleets, Texas and California, have both implemented new programs which offer cash-based incentives to owners of older vehicles which fail current emissions testing. In Texas, up to $3,500 is offered towards a vehicle three-years old or newer, though income restrictions do apply. In California, there is no maximum income number, though the far-left state is a bit less generous, offering $1,500 towards the purchase of a replacement vehicle.

Canada is also getting in on the act with a program slated to begin on January 1 of next year. In a move close to our hearts, the incentive is applicable to new vehicles, new bicycles or even bus passes. Sadly, the value is a rather low $300. Way to go Canada; perhaps upping the ante a bit would make the program a bit more meaningful.

[Source: The Detroit News]

Smart Energy Technology:

The Price Of Going Green

There are and have been many debates on whether or putting carbon emissions in check would be beneficial to the economy as much as to the environment in general. Many people advocate the opinion that concentrating on “going green” would be at the expense of economic necessities, such as industrial development and business expansion. Tackling this pessimistic view, leading Economist Professor Robert Repetto labored relentlessly to put together a unique interactive website where people judge see for themselves the cost of fighting planetary degradation, depending upon the steps or methods each elects to follow.

According to the remarkable initiative, consumers have a choice of some 27 Special Economy models, each of which takes into consideration different aspects and assumptions of both economic and environmental point of views. The entire venture aims at measuring what happens if and when carbon emissions are reduced and maintained below acceptable risk levels for environmental hazard.

According to conclusions reached in the investigations and research conducted by Robert Repetto, any of these methods, once adopted to cut down carbon emissions, would invariably be cost-effective on a long-term basis. These answers are further substantiated by findings from the McKinsey Report, a study on carbon mitigation. This latest report looks both at measures taken to reduce CO2 emissions and also at the economics involved in the process. In addition, it analyses the finding of investigations similar in nature to what Pr. Repetto claims all through his interactive website, such as taking measures for reducing carbon emissions which might be prohibitively pricey at present but which in the long run might not only constitute an excellent investment, but also offer the only course of action to keep our planet alive and self-sufficient.

If and when adopted, such measures would quickly pay for themselves, meaning that adopting them would basically insure self-financing. General assumptions are that the economy will literally explode in terms of profitability by the year 2030. The idea of such an economic boom remains valid despite predictions of doom in the near future owing to a general inability to curb carbon emissions. Economic costs remain unchanged no matter what type of model for saving the environment is chosen.

The interactive website Prof Repetto has created can be consulted by anybody to test his or her knowledge on keeping our planet green, while at the same time sampling what it would be like to choose any of the 27 listed models.

Most amazing of all is that no matter what model is chosen, the resulting answers are identical. Reducing carbon emission is an expensive yet critical mission that not only pays for itself in the end, but also improves the tempo of economic development. It therefore offers a Black & White type of proof where people can witness directly what stakes are involved, what costs with be implied and what will be the results to each of the 27 well-chosen models.

And so at long last is a way in which can easily prove what it means to have a green planet and gem-free environment, and its impact on the present and future global economy. All that remains is a matter of choice.

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