New York City Bets On Energy Efficiency To Boost Sustainability

New York City Bets On Energy Efficiency To Boost Sustainability

Tuesday, March 4, 2014 - 2:00pm



The world needs to make a transition to renewable energy as part of a global sustainability project, but until solar, wind and other renewables​ become the norm, there’s one solution that is available​ now: energy efficiency. More energy efficient buildings means less energy and fewer emissions, besides huge savings. However, financing projects is not always easy, since payback is not immediate, ​putting lenders off.

But New York City is looking at this issue in a different light, thanks to two initiatives. New York City Energy Efficiency Corporation (NYCEEC) and the recently launched New York State green bank are offer​ing ​solutions for clean energy financing in New York City and State, respectively. They leverage expertise and financial resources to convert inefficient buildings into clean, high-performing investments. Best of all, they can offer custom-built financing options that are too attractive for building owners to turn down.

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Antonio Pasolini - Corporate Social Responsibility writer for Justmeans, Antonio Pasolini is a journalist based in Brazil who writes about alternative energy, green living and sustainability. He edits, a top web destination for news and comment on renewable energy, and contributes articles on emerging technology to Gizmag. He is also a happy herbivore.