Please take a moment to follow me on why the #MaineGreenBank idea coming out of @MaineClimate is the most exciting and how to learn more on Thursday, June 25th: @Rep_Morales @chelliepingree @SenAngusKing @SpeakerGideon @SethBerry (1/7)
Basic Assumptions/Considerations:
Buildings and Infrastructure are the largest users of fossil fuels in Maine. Second to vehicles.
Construction costs have risen 20-50% depending on category in last 5 years
Housing Affordability big issue
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Challenges with some @MaineClimate recommendations in buildings infrastructure group:
1: no cost analysis/benefit of recommendations
2: not targeted at easy, low hanging fruit
3: some not legally feasible
4: increased price for housing in direct opposition to affordability (3/7)
1: no cost analysis/benefit of recommendations
2: not targeted at easy, low hanging fruit
3: some not legally feasible
4: increased price for housing in direct opposition to affordability (3/7)
Why Green Bank? @CTGreenBank targets financial products to building arena. Low interest rates with plug & play packages not tied to mortgage makes investments easy & palatable. It EASES burden on building owners - rather than increase burden! (4/7)
@CTGreenBank has working model beginning with $11m in public funding in 2011 to investing $1.2B in public/private money in 2017. @Harvard named @CTGreenBank the winner of the 2017 Innovations in American Government Award. No need to reinvent the wheel. Just replicate it! (5/7)
Exciting opportunity for financial institutions like @bangorsavings @camdennational Androscoggin Bank, @BowdoinCollege @ColbyCollege @BatesCollege to pick & choose investing in local, large scale sustainable energy projects with funds looking to divest from fossil fuels. (6/7)
Please share this info and register here to learn more about this concept. It’s a long forum but if anything try to plan to @CTGreenBank President @BryanGarciaCT discuss this exciting opportunity! (7/7) https://act.sierraclub.org/events/details?formcampaignid=7013q000001aji4AAA&mapLinkHref=