EE Noon: PACE is Not Dead: New Financing Model Leads to the Future
Join the Alliance Wednesday, July 13th at noon to listen to Alan Strachan, co-founder of Ygrene Energy Fund, and Greg Caplan, Senior Program Manager for Lockheed Martin Energy Solutions, discuss an innovative financing model for Property Assessed Clean Energy (PACE).
American business is poised to launch a massive Retooling America campaign, with at least $500 billion of new capital investment in energy efficiency and renewable energy retrofits of existing buildings, plants and operations, 100% privately financed, producing 5 million jobs and reducing CO2 in the process. The driver behind this is the demand represented by roughly $1 trillion sitting on the sidelines, earning extremely low returns, and needing a safe place to park. The Commercial and Industrial Property Assessed Clean Energy (C&I PACE) laws in states covering two thirds of the country's population provide a vehicle to move that money off the sidelines and place it safely and responsibly in energy efficiency and renewable energy capital assets. Retooling America with 100% private financing will dramatically reduce the federal deficit, while simultaneously moving the country toward energy independence and reducing American business’ exposure to fossil fuel price volatility. No federal legislation or funding is required or requested. No state or local funding is needed.
To view the full presentation - click HERE
