I’m writing a short post today but one of some measurable importance for those of you in the construction and remodeling game like myself. It was my girlfriend’s brother, an ex-NYC plumber who now works in the administration at a community college in Maryland, who pointed me towards an article late last week highlighting that President Obama and former President Bill Clinton are launching a four-billion dollar plan aiming at promoting Green building and retrofitting. The result is more jobs being created at no further expense to the taxpayer, as no new federal spending or tax breaks are required for the plan.
It comes at a crucial time, both economically speaking and in terms of seasons. As many of my local NYC handymen have been telling me, energy efficiency is something that becomes more important around the holidays, right around when the energy bill looks to spike. Green lighting is one thing but many people, thankfully, have been also replacing and repairing their doors and windows to cut down on drafts and subsequently lessen the need for increased heating costs. We’re still a few years away from compost heaters becoming a normal purchase and practice but news of Obama’s plan, coupled with the news from my colleagues, is certainly a positive step.
The plan’s main thrust is green improvements to larger buildings and, on average, Clinton was quoted as saying that every billion dollars spent on energy upgrades equates to approximately 7,000 jobs in America. June 2012 will see the first steps of this plan, wherein over a dozen organizations have planned to upgrade some 300 sq. ft. of building space with over $500 million coming from private financing. For NYC plumbers, electricians, handymen and other service providers, this is all gravy. Overdue gravy, but gravy all the same.