Event Introduction | Endorsements | Agenda Outline | Registration | Contact |
Our Sponsors TURN The Utility Reform Network CMUA California Municipal Utility Association Northern California Power Authority So. San Joaquin Irrigation District San Francisco LAFCO Supervisor Ross Mirkarimi City and County of San Francisco
AND MORE SURPRISE GUESTS Register
Now
|
Friends-
For the past several years, we have been working to establish innovative local financing programs (known as PACE) for clean energy retrofits. Can you take action to help save this promising approach to jumpstarting the clean energy economy?
PACE is under attack. In May, mortgage-giants Fannie Mae and Freddie Mac issued 'lender letters' suggesting that PACE is incompatible with their mortgage instruments. And this month the Federal Housing Finance Agency, which regulates Fannie and Freddie, issued a statement blocking PACE programs nationwide--and in effect directly challenging states' rights to levy tax assessments for a public purpose. These actions are wrong on the merits and confused in their rationale, but have nonetheless forced existing PACE programs to a grinding halt and frozen progress on new programs under development in cities across the country.
Well, the Dark Side has had their say. Now we fight back. On Thursday, Congressman Mike Thompson introduced the "PACE Assessment Protection Act" to ensure states' ability to implement PACE programs. We need support for the bill in order to save PACE. Can you help get your Congressional representative on board?
We engaged on the issue because PACE offers a clean energy vision of scale and scope unmatched by current financing efforts--it's a workable way to quickly remove significant amounts of carbon emissions from nation's existing building stock. Not to mention lower utility bills, jumpstart the economy, and put Americans to work.
Many people have toiled hard over the past two years to get these programs going - call it the Star Wars phase of the battle (we're the small band of rebels in this scenario...work with us here). The past few months have been more like the Empire Strikes Back (in the sense of getting our butts kicked by the evil empire). And now, now it's time for the Return of the Jedi (without Ewoks. that may be where the analogy breaks down). We've come too far to lose.
Many thanks for helping.
To the X-Wings-
Adam + The Vote Solar Team
The Vote Solar Initiative
300 Brannan Street, Suite 609
San Francisco, CA 94107
155 Water St
Brooklyn, NY 11201
www.votesolar.org
http://twitter.com/votesolar