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Published byDonald Watts Modified over 9 years ago
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Introduction to the role of Government The October 2008 “Bailout” Bill The Federal Stimulus Package and Beyond Case Study: Palm Desert The Green Legal View Hunter Lovins, Green Leader
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Stimulating long-term economic growth. Protecting resources for the future Providing the health and welfare
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Food FDA, USDA & the Organic Food Act Air and water EPA, Clean Air Act & Clean Water Act Energy DOE Buildings Local and Building Codes
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USCAP NRDC Protection natural resources (the oceans, curbing water pollution Cap & trade system Cap Reducing carbon dioxide(CO 2 ) and other greenhouse gas emissions to 1990 by 2050
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$700 billion included other initiatives: Tax credit (1.5 cents for KWH) Extension of solar investment tax credit for 8 years(30% tax credit) Energy-efficient buildings tax deduction ($1.8 per square foot) Recycling (accelerated depreciation)
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Stimulus package include: $80 billion for green business 2009 Grants instead of tax Larger credit for alternative fuel from 30% to 50 % Manufacturing credit 30% Plug-in vehicle credit $2,500 per car & Recycling (accelerated depreciation)
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Direct spending on Green projects: Federal building efficiency $4.5 B Electrical grid $4.5 B Research funding $2.5 B Mass transit $8.4 B High speed rail $8 B State energy grants $6.3 B
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City Director of Energy Management, Pat Conlon – goal to reduce city’s power use 30% in 5 years Programs to entice people to invest in energy efficiency Save money Help the environment Palm Desert is also putting together a sustainability plan Water conservation Natural gas fleet vehicles for public transit Recycling program
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Get or Consult a Lawyer Address concerns/issues before they become a big problem Naming/Incorporating Your Business Raising Money – Terms of Investment Government Regulations Change frequently, growing business
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Government Action on Climate Change (2008) States and Cities Regional Initiatives EPA – Getting Congress Involved http://www.govtrackinsider.com/articles/20 10-04-27/climate-change
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Climate Change Regulation without Effecting the Economy With the right incentives, higher prices hurt the economy before they change behavior Well structured incentives can save a lot of energy Failure to implement energy savings is hurting the economy Business Impact of Reducing Greenhouse Gas Emissions Early adaptors have profited Leaders in sustainability have 25% higher stock value than competitors http://www.youtube.com/watch?v=5h8_uzmrC2g
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http://www.youtube.com/watch?v=G- Oag20nGMs http://www.youtube.com/watch?v=G- Oag20nGMs http://www.youtube.com/watch?v=DEmI sizBRi8&feature=related http://www.youtube.com/watch?v=DEmI sizBRi8&feature=related http://www.business.gov/we-have- moved.html http://www.business.gov/we-have- moved.html http://www.sba.gov/content/environment al-permits http://www.sba.gov/content/environment al-permits
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