Energy efficient housing stimulus that pays for itself Report as inadecuate

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This paper describes an energy efficient housing stimulus strategy that can: 1 quickly provide large-scale job creation; 2 reduce home energy bills by 30% to 50% with associated reductions in emissions and energy assistance spending; 3 stabilize home values and reduce foreclosure inventory; 4 help to eliminate childhood lead poisoning; and 5 implement regulatory reforms that highlight market incentives for cost effective energy efficiency and alternative home energy investments. These benefits, far in excess of costs, can be achieved by combining -lead-safe window replacement- with other weatherization activities and simple regulatory and market reforms. This strategy can help to coordinate American Recovery and Reinvestment Act funding for energy efficiency, the $75 billion Making Home Affordable plan to reduce foreclosures, and the recently announced partnership between the Departments of Energy DOE and Housing and Urban Development HUD to streamline weatherization efforts and spur job creation.

Item Type: MPRA Paper -

Original Title: Energy efficient housing stimulus that pays for itself-

Language: English-

Keywords: Energy Efficiency; Cost Benefit Analysis; Housing; Lead Poisoning-

Subjects: I - Health, Education, and Welfare > I1 - Health > I18 - Government Policy ; Regulation ; Public HealthD - Microeconomics > D6 - Welfare Economics > D61 - Allocative Efficiency ; Cost-Benefit AnalysisQ - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy-

Author: Nevin, Rick


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