Wednesday, September 24, 2008

It takes Green to make Green

There is no shortage of great Green ideas for sustainable green communities. What lacks is money to implement them when the payback is 5-10 years long. The best source of finance is with municipal entities who can issue tax exempt financing currently at 2-3 % rate. Anyone can ensure the future energy prices by taking the risk to invest in alternative power technologies, but it is hard to come up with upfront cash. This is why the implementation is so slow.
Sustainable green community can break this bottleneck by raising money as Green Bonds and allow the tax payers to borrow and invest in green energy generation or energy conservation projects. The money will come back to the green fund each year from each borrower and fund other projects. After the loan is paid back the homeowner will have free energy onwards and municipality will have their money back to lend again. No one loses and we all win.
Hope that some courage will prevail as Leaders take such initiatives.


At 12:55 PM, Anonymous Ellen Weber said...

Thanks Ram. I'm linking to this exciting blog today (at to highlight an example of engineering genius that can create the brainpower boom we need to invent a better way.

Thanks Ram, for the way you lead and inspire hope, courage and intelligence in this area! Let's continue to plan and build a new brainpower boom now that we need it most!

At 10:57 PM, Blogger ram shrivastava said...

Thanks Ellen for the kind words.
Going Green is now a corporate goal for many smart companies looking for the cutting edge. People make money and people spend money, so it should not surprise anyone that making people happy makes money. This is the Green weapon that will enable America to drop the oil habit and start a new journey that leads to conservation and new green color jobs. Let us do it.

At 1:36 PM, Anonymous Anonymous said...

Thanks for this post. While it takes green to build green, there are some excellent profits to take into consideration. Check out this article for more info:

At 1:02 PM, Anonymous Anonymous said...

People are definitely making money with this thrust on sustainability. The planners are a huge help - I think this a great article. Check out this series of articles on sustainability - your article is mentioned in here too! Nice work!


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