https://www.nytimes.com/2011/09/20/business/energy-environment/tax-pl...

Shameless plug:
The Branson group referenced in the article, Carbon War Room, is led by
Jigar Shah, who will be the keynote at BERC's Innovation Expo on October
20th, part of the BERC Symposium.  I hope you can all make it to the
event to enjoy the keynote, free food and booze, engaging poster session
(consider submitting one!), and of course the nearly $10,000 in prize
money.  The Innovation Expo is free, and if you submit a poster you get
into the Symposium the following day for free.

More info: http://berc.berkeley.edu/page/Events/symposium2

Hi Matt,

It is PACE financing.  The FHFA letters in 2010 effectively shuttered
residential PACE, but, because Fannie and Freddie don't interact with the
commercial mortgage market, had little impact on commercial PACE.  There
are, however, some lingering concerns re: commercial PACE; whether mortgage
holders will grant consent for PACE assessments to be put on properties
(commercial mortgages tend to be more restrictive than residential
mortgages) and what, if any, action the Office of Comptroller of Currency
(regulator of national banks) might take (in 2010, they expressed concerns
about commercial PACE).

Here is a policy brief we put out in conjunction with the Clinton Climate
Initiative & Renewable Funding this spring (the numbers are outdated--and
some new capital sources are being developed, but the general overview is
still relevant)--barring regulatory intervention, we could see another 10-20
commercial programs launch over the next 6-12 months:

http://eetd.lbl.gov/ea/emp/reports/pace-pb-032311.pdf

Rgds,

--
--
Mark Zimring
Electricity Markets & Policy Group
Lawrence Berkeley National Lab
Energy and Resources Group  MS '12
Goldman School of Public Policy  MPP '12
University of California, Berkeley
work  510.495.2088
cell    732.580.8221

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