Tag Archives: jerry brown

Governor Brown Pushes Clean Energy Job Agenda

Jerry Brown proposing for clean energy job creationMore and more political candidates are jumping on the bandwagon of “going green” by including environmental friendly plans into their platform pitching even far-reaching goals sometimes. One addition to these “eco-candidates” is Jerry Brown, a Democratic gubernatorial nominee who wants to create clean-energy jobs. Brown, a wizened political veteran was California’s Governor in 70s. He was actually one of the first politicians to promote renewable energy like solar and wind during his time. And now with the current “green trend,” his renewable energy goals are all the more applicable.

Brown is proposing to create 20,000 megawatts renewable electricity by 2020 and calls for placing solar panels on major thoroughfares across the state. A goal which other clean energy analyst say is unrealistic. By comparison, The California Solar Initiative aims to create 3,000 megawatts of solar produced by 2016. Continue reading

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California versus Fannie and Freddie over clean energy stimulus

A lawsuit against Freddie and Fannie Fannie Mae ad Freddie Mac, mortgage finance companies have been taken to court by the California attorney general’s office. The lawsuit was filed on Wednesday, because they have disrupted a popular green financing program. This finance program permits homeowners to pay for energy efficiency improvements to their house, through a surcharge on their property.

The Federal Housing Finance Agency which supervises Fannie and Freddie, issued guidelines on Monday. These guidelines given to lenders limited a homeowner’s ability to take part in the finance program called PACE (Property Assessed Clean Energy). From the stimulus funding support from the Obama Government, $159 million has been utilized by twenty two states that have authorized the programs. A lien is put on the home, when the city or state spends on energy efficiency upgrades through the program. The lien similar to other property tax assessments becomes more important then the home loan if the homeowner defaults. Continue reading

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