Twisted green stimulus logic of the day
Posted by Rich Sweeney on January 23, 2009
From RenewableEnergyWorld.com, which, by the way, is one of the best sources for renewable news on the web. Tam Hunt, who’s is apparently a lecturer at Daniel’s alma mater, thinks we can mandate our way out of recession. He wonders, “Where the local stimulus packages are?”. When I saw that title my initial reaction was “states can’t run deficits, so that pretty much takes Keynesian stimulus packages of the table.” Despite acknowledging this budgetary reality, Hunt suggests some crazy other ideas states can use to promote green growth:
One way states can provide a boost is through enacting aggressive renewable energy standards.
Local governments can also enact their own building energy efficiency standards. By doing so, they can spur local investment in energy efficiency projects, creating jobs and leading to cost savings for homeowners and businesses through energy savings.
Last, by choosing to build renewables under CCA, local governments can provide jobs and local infusions of capital that will help kick start local economies more generally.
This is pretty brilliant stuff. If we want to avoid depression, but are concerned about the deficit implications of fiscal stimulus, we can instead simply mandate people to build things. The mind boggles….