Ravi Malhotra, April 2023 As seen on housingonline.com: Accessing Federal and Utility Incentives for Green Projects – NH&RA (housingonline.com) The Bipartisan Infrastructure Law (BIL) provided the U.S. Department of Energy (DOE) $3.2 billion for the Weatherization Assistance Program (WAP). This is on top of the ongoing ~$1.6 billion allocation (the standard WAP allocation independent of the BIL money for WAP) …
Learning More About TBL Fund: Recent Work in Underserved Communities
Learning More About the Fund: TBL Fund’s Recent Work in Underserved Communities Triple Bottom Line Foundation (TBL Fund) has been growing its resources and staff in an effort to increase its social, economic, and environmental impacts in multifamily affordable housing (MFAH) and Indigenous communities. It has also been working to take advantage of the new resources and opportunities provided by …
How Colorado’s Multifamily Affordable Housing can Benefit from the Inflation Reduction Act and Bipartisan Infrastructure Law
The Inflation Reduction Act and Bipartisan Infrastructure Law dramatically expand opportunities for multifamily affordable housing to leverage cash rebates, tax credits, and other incentives for preservation and construction. This is a once-in-a-lifetime opportunity to utilize green solutions to cut costs (capital, operating and maintenance), improve net operating income, and increase the health, safety and affordability for the low-income residents of …
Inflation Reduction Act and Bipartisan Infrastructure Law: What Triple Bottom Line Foundation is Watching
The recently passed Inflation Reduction Act and Bipartisan Infrastructure Law have created a wealth of opportunities to scale green solutions like heat pumps, solar, and weatherization in underserved communities. Triple Bottom Line Foundation (TBL Fund) is excited to use the momentum created by these Laws to deliver more green financing services in multifamily affordable housing (MFAH) and Indigenous communities. The …
Redburn says Big Oil no longer a ‘buy’ as peak demand looms
Sector underestimates regulations aimed at curbing climate change argues research house Redburn, the equity research house, has removed all “buy” ratings from the biggest integrated oil companies, arguing that the industry faces an “existential risk” as long-term forecasts for oil demand are up to 30 per cent too high. Predictions for oil demand growth were still underestimating government action to …
Investment Fund Staff Goes Back to School to Learn Financial Risks of Climate Change.
AllianceBernstein is sending the finance professionals who handle its $581 billion in assets under management back to school — climate school. The global firm is creating what it’s calling a first-of-its-kind curriculum focused on climate risk and investment performance with Columbia University’s Earth Institute, home to the respected Lamont-Doherty Earth Observatory research center. All investment teams at AB will enroll …
A solar-powered system can turn salt water into fresh drinking water for 25,000 people per day. It could help address the world’s looming water crisis.
People have been trying to turn seawater into drinking water for thousands of years, but the process is not usually energy-efficient or affordable. At a newly constructed facility in Kenya, however, a nonprofit called GivePower is tackling that challenge using solar power. The desalination system, which started operating in the coastal area of Kiunga in July 2018, can create 19,800 …
Low Temperature Curing Process Cuts Cement’s CO2 Emissions by 70%
Solidia Technologies’ chemistry could make concrete almost benign. The making of concrete is responsible for as much as 8 percent of annual CO2 emissions; some have called it the most destructive material on earth. The manufacturers know this is a problem and have been looking for ways to reduce the footprint before a serious price on carbon is slapped on it, …
Los Angeles seeks record setting solar power price under 2¢/kWh
The Los Angeles Department of Water and Power (LADWP) Board of Commissioners was presented with the Eland Solar & Storage Center in Kern County, California, from an LADWP internal team on June 18, 2019. The team told the commissioners that on July 23, they plan to seek approval of a two phase 25-year power purchase agreement (PPA) priced at 1.997¢/kWh for …
We’ll soon know the exact air pollution from every power plant in the world. That’s huge.
Satellite data plus artificial intelligence equals no place to hide. Earlier this month brought a mind-blowing announcement in the world of power plants and pollution. In a nutshell: A nonprofit artificial intelligence firm called WattTime is going to use satellite imagery to precisely track the air pollution (including carbon emissions) coming out of every single power plant in the world, in real …