April 4, 2009

Social Housing Stimulus

Social housing should be energy-efficient, use renewable energy and be beautiful.

Social housing should be energy-efficient, use renewable energy and be beautiful.

To report something more creative and lasting than cash hand outs, the Australian government has begun building thousands of new homes for homeless people and low income earners across the nation.

The first round of its economic stimulus package involved billions of cash hand outs to eligible Australians, with the aim of boosting public consumption.

This is the government’s second round, involving 20,000 new social housing dwellings, with three quarters of them to be completed by the end of 2010.

The project is aiming to create 15,000 jobs nationally and protect more people from becoming homeless.

Let’s hope that plenty of such innovative, positive incentives, including solar energy grants, will flow from the G20 resolve.

Let’s also hope that such public housing projects will pay full attention to energy-efficiency, renewable energy use and weatherization. Poorer people need these things most of all.

Sources:

Social housing investment will reduce homeless numbers.

Parisian social housing goes green

February 10, 2009

Solar Energy Grants as the American Recovery and Reinvestment Act unfolds.

Welcome to Alternate Energy Sources Blog.

I am excited to see you here!

This is where you will learn of new developments about alternative energy sources,  global warming causing climate change, and what actions you can take.

Are You Ready For Tomorrow?

Are You Ready For Tomorrow?

Let’s start with solar energy grants and the American Recovery and Reinvestment Act of 2009.

These are three important provisions in the Act for solar energy:

Renewable Energy Grant Program

The DOE (Department of Energy) offers direct solar energy grants equal to 30 percent of the cost of solar energy projects that are started in the next two years. This initiative includes large-scale utility projects.

Loan Guarantee Program

This program supports the financing of renewable energy systems, including solar energy technology through a new, streamlined loan guarantee program.

Manufacturing Investment Credit

For facilities engaged in the manufacture of renewable energy property or equipment this provision creates a 30-percent investment tax credit.

First-Time Home Buyers And Existing Home Owners Benefit Too

Through this stimulus package, first-time US home buyers are eligible for a tax credit worth up to $8,000.

Then, while you own a home, the Act’s provisions allow for increased tax credits for energy-efficient improvements such as qualified new furnaces, windows and doors.  this increase is in the order of 10%, from the existing 20% tax credit. It has a lifetime cap of $1,500 and applies to tax years  2009 and 2010.

Many people are excited AND expectant about President’ Obama’s economic stimulus package. They’re itching to start their wind farm, solar farm, geothermal energy plant or save on home energy expenses.  Search the solar energy grants Living Database for the demand and what’s on offer – as things unfold.

119,000 Green Jobs

Then there’s the commitment to create 67,000 “green jobs” in 2009 alone and a total of 119,000 green jobs over the next two years.

Renewable energy is exploding now as the dual pressures of global warming and economic collapse really bite…

Lets stay in touch!

Sources:

Gunther Portfolio, Feb 19, 2009. Of Solar Grants, Green Jobs, and Buy American.

Money.com.  Feb 23, 2009. First-Time Homebuyers in 2009 to Reap Recovery Act Benefits. CNN