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Sunday, December 4, 2011

nearly a free lunch

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I heard Bill Clinton describe what he called "the closest thing to a free lunch" that we have. It seemed reasonable to me. It goes like this.

Adopt a bond issue to retrofit public buildings for energy savings. Let the owners of the buildings pay off the bond issue with the energy savings.
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Posted by Unknown at 6:00 AM
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3 comments:

  1. ZeroDecember 4, 2011 at 11:59 AM

    Hey everyone. Guess who is a supporting actor in the latest math club video?
    Wayne Bell...check it out! He even has a dramatic speaking role. The star is Rob Donnelly...also appearing is Nick Britt, Kenny Fister, Harvey Elder, and Andrew Siefker.

    http://www.youtube.com/watch?v=WWlotVj5HrM&feature=youtube_gdata_player

    ReplyDelete
  2. ZeroDecember 4, 2011 at 12:52 PM

    Or you can search YouTube.com for "Club Boy Returns".

    ReplyDelete
  3. TomDecember 5, 2011 at 8:20 AM

    The assumption would be that the energy (cost) savings would be sufficient to pay back the cost of the retrofit and interest on the bonds.

    If the financial numbers worked I am sure the building owners would have already retrofitted their building to improve their profit margin. For me this argument is compelling and sufficient.

    p.s. I am assuming that public building means privately owned, but open to the public such as an office building or shopping center.

    ReplyDelete

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