Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

Obama’s New Energy Initiative Another Win for Solar

Energy
Obama’s New Energy Initiative Another Win for Solar

The White House announced a truly groundbreaking initiative Tuesday called the Clean Energy Savings for All Americans. This program aims to increase access to solar energy across communities of all income levels and geographies, so that no matter where you live, if you have a sunny roof, you have the chance to go solar. And the administration did so by providing a bevy of options that move renewables and solar forward significantly.

The array of initiative components culminates in a goal of providing one gigawatt of solar for low to middle-income households by 2020. And chief among the announcements is the issuance of new guidance for property-assessed clean energy (PACE) financing that will allow mortgage insurance to now be issued by the Federal Housing Administration and the Veterans Administration, rather than through the Federal National Mortgage Association and the Federal Home Loan Mortgage Association, which ran into roadblocks with PACE loans six years ago.

Cutting through the alphabet soup of federal agencies, the bottom line is that more Americans will now be able to choose solar and private industry can seize the opportunity to build more solar systems.

"Solar panels are no longer for wealthy folks who live where the sun shines every day, they're already a reality for Americans in communities all across the country. Today we're offering even more families and communities the chance to choose cleaner sources of energy," the Obama Administration said about the initiative.

One of the greatest parts about the PACE plan is that it leverages the flexibilities of the executive branch in ways that are seldom seen in Washington stovepipes. The initiative cuts red tape with the result that roughly 200,000 homes could choose to lower their electricity bills through solar over the next four years.

The Solar Energy Industries Association applauds the president for taking these measures, which mirror the solar industry's commitment to expand solar access to everyone, regardless of their income or where they live. These policies empower veterans and lower income households to cut power bills while putting more Americans back to work with good-paying jobs, installing solar panels from Los Angeles to Boston.

This is how it should be. This year, solar reached 1 million installations in the U.S., crossed over the threshold of providing 1 percent of American electricity and provided more new power capacity than all other energy sources combined in the first quarter, and we're just getting warmed up. It's time for all Americans to have a ticket to the solar revolution, celebrating American innovation and smart federal policy.

Tom Kimbis is the interim president of Solar Energy Industries Association.

In an ad released by Republican Voters Against Trump, former coronavirus task force member Olivia Troye roasted the president for his response. Republican Voters Against Trump / YouTube

Yet another former Trump administration staffer has come out with an endorsement for former Vice President Joe Biden, this time in response to President Donald Trump's handling of the coronavirus pandemic.

Read More Show Less

EcoWatch Daily Newsletter

Climate Group

Every September for the past 11 years, non-profit the Climate Group has hosted Climate Week NYC, a chance for business, government, activist and community leaders to come together and discuss solutions to the climate crisis.

Read More Show Less

Trending

A field of sunflowers near the Mehrum coal-fired power station, wind turbines and high-voltage lines in the Peine district of Germany on Aug. 3, 2020. Julian Stratenschulte / picture alliance via Getty Images

By Elliot Douglas

The coronavirus pandemic has altered economic priorities for governments around the world. But as wildfires tear up the west coast of the United States and Europe reels after one of its hottest summers on record, tackling climate change remains at the forefront of economic policy.

Read More Show Less
Monarch butterflies in Mexico's Oyamel forest in Michoacan, Mexico after migrating from Canada. Luis Acosta / AFP / Getty Images

By D. André Green II

One of nature's epic events is underway: Monarch butterflies' fall migration. Departing from all across the United States and Canada, the butterflies travel up to 2,500 miles to cluster at the same locations in Mexico or along the Pacific Coast where their great-grandparents spent the previous winter.

Read More Show Less
The 30th First Annual Ig Nobel Prize Ceremony on Sept. 17 introduced ten new Ig Nobel Prize winners, each intended to make people "laugh then think." Improbable Research / YouTube

The annual Ig Nobel prizes were awarded Thursday by the science humor magazine Annals of Improbable Research for scientific experiments that seem somewhat absurd, but are also thought-provoking. This was the 30th year the awards have been presented, but the first time they were not presented at Harvard University. Instead, they were delivered in a 75-minute pre-recorded ceremony.

Read More Show Less

Support Ecowatch