|The Optimistic Futurist
||[Sep. 10th, 2012|12:15 pm]
Home Effinomics, or Effin' Around the House
It's old, so I apologize if this is old news to you, but seriously, check out Chris Martenson's podcast interview with Frances Koster. Dr. Koster runs something called The Optimistic Futurist, where he documents efforts to improve food, energy and fuel security in ways that make local investments in one's community both profitable and of benefit to the community Seriously, this guy is everything home_effinomic hopes to be!
For the poddy-device impaired, Chris provides a transcript! As an example of Teh Awesome, what would you, someone with money to invest and concerned about the old air conditioning unit in the local high school that keeps the power bills sky-high? The school district has no money to replace it, so why bother? Frances says,
An investor might for example go to the local school system and say I will fix the following nine buildings and I will loan you the money and you will pay it back to me out of a percentage of what you no longer pay the utility. And I also by the way get to keep the tax credits which you cannot use and get quite handsome rates of return while doing good for their local community – looking good at the Rotary Club and so on. These are enormously secure investments. You are not banking on a gold bubble or other volatile things; you are banking on the fact that energy prices are not going to go down.
He also notes of the tax credits that many municipalities are legal forbidden to take advantage of these credits, so it's not like they are going to waste.
When I have time, I'm going to mine his web site for nuggets such as these. Enjoy!