Environmental Entrepreneurs and evangelical group support EPA plan to curb coal pollution

Coal-fired power plants are the biggest single category of carbon pollution emitters. The EPA wants to tighten coal power emissions standards, and these two groups, one composed of business enterprises and the other a large evangelical group support the EPA’s move. Find out why.

Govenors ask Congress to continue support for wind energy

A bipartisan coalition of governors has written to Congress to plead for the extension of the Production Tax Credit that has helped fuel the development of wind energy in the U.S..

The PTC, set to expire at the end of December, provides wind developers with a tax break that makes the business more profitable. Proponents say it’s needed to level the playing field for new energy, which must compete against subsidized fossil fuel industries like coal and natural gas.

About $80 million goes local on Bank Transfer Day

Credit unions signed up 40,000 new members, and added $80 million in new savings account money, during last Saturday’s Bank Transfer Day, according to the Credit Union National Association (CUNA).

CUNA released those figures on Tuesday after surveying 1,100 credit unions. The survey revealed that about 80 percent of larger credit unions signed up new members on Bank Transfer Day (Nov. 5), and many extended their Saturday hours to deal with the surge in demand for new memberships.

Green advocates say loss of PACE financing has slowed pace of green jobs and building

Slapping a solar panel on the roof sounds so alluring. You can produce your own energy, slice your carbon footprint in a big way and not have to fret so much about vacillating energy costs. You’re home free.
Except that solar panels are far from free. While the cost of solar photovoltaics has come down considerable, a solar rooftop array remains in a rarifed price household category, right up there with cars. It will run in the ballpark of $15,ooo-$20,000, maybe more, even with home energy tax credits.

California sues mortgage companies over PACE loans

California Attorney General Edmund G. (Jerry) Brown Jr. is suing mortgage companies over their refusal to allow PACE funding for clean energy improvements on homes.
PACE (Property Assessed Clean Energy) money allows homeowners to finance energy efficiency projects like solar panels through their property taxes. Cities that offer the plans can sell bonds to generate the money for PACE loans, which are then attached to a homeowners’ property tax bill. The plan provides homeowners with the upfront money they need for big improvements, and allows them to stretch out their payments over 20 years, making large capital improvements like solar arrays possible.

California’s solar rooftops program reports bright early results

California’s ambitious solar incentive program is basking in early success, despite the poor economy, according to a hopeful mid-course report.
Three years into a 10-year roll out, the California Solar Initiative (CSI), a component of Gov. Arnold Schwarzenegger’s “Million Solar Roofs” plan, is already 42 percent of the way toward its state goals, according to a July 9 report to the legislature. That’s counting projects that are installed, holding reservations and in progress, according to collected data.
All told, California has more than 600 Megawatts of installed solar power connected to the grid at nearly 65,000 customer sites.