Showing posts with label Change. Show all posts
Showing posts with label Change. Show all posts

Saturday, December 20, 2008

Action Alert

I have been getting many employment inquiries for my firm and have been filing many applications. To date, I have received over 1,200 such emails this year alone. But the current state of the economy and demand in the industry doesn't allow for this level of employment for my firm and many others. Interestingly, the overwhelming majority state their strong motivation & desire to join the industry to make much needed societal changes.

So, I pose the following:

Question: Why not put a ready, willing group of motivated people to work?

Answer: I can hire many of them.

Here is how you can help me do so:

*** ACTION ALERT ***

Please email the following to your Congressional Representative & Senator.

I'm writing to ask you to make two changes in the tax code to help smooth the road for municipal efforts to finance solar and energy efficiency projects.

The upfront cost of solar is one of the biggest barrier to widespread adoption. Cities across the country are looking into innovative finance programs that fundamentally change the cost equation by allowing property owners to spread solar energy systems and other clean energy purchases upfront price over an affordable 20-year property tax assessment. Known as "municipal tax assessment financing," these programs (now up and running in places like Boulder, Colorado and Berkeley, California, and being evaluated by others from coast to coast) use bonds rather than budgetary spending as a financing source. It's an exciting new way for even the most budget-constrained local governments to make solar and energy efficiency more affordable for property owners.

In order to make this model work, we need some tweaks to the federal tax code. Specifically, Congress should:

1. Clarify that participating in preferred, below-market renewable energy financing does not exclude access to the full federal solar tax credit. The federal government now provides a 30% investment tax credit for the installation of solar systems. Property owners may lose that tax credit if they participate in a local or state government tax-financing program if the IRS determines that they are receiving "subsidized energy financing." Legislation can clarify that this type of renewable and energy efficiency financing program does not prohibit participants from claiming the tax credit. This is the single most important issue to resolve.

2. Allow municipalities to use federally tax-exempt bonds to finance renewable energy projects. Generally speaking, the revenue bonds supporting these new finance programs cannot take advantage of the federal tax exemption normally available to local government because the solar and energy efficiency projects financed by bonds are not considered a governmental purpose. This makes the program much less cost-effective for property owners. Given the requirement that we quickly address economic development, energy security and climate change, Congress can amend the code to recognize that such renewable energy and energy efficiency bonds are issued for a governmental purpose.

In these tight fiscal times, this is an easy way for the federal government to help cities in their efforts to jumpstart the renewable energy economy. As my representative, I respectfully request your assistance.

Many thanks for your leadership on this matter.

Yours truly,

Your Name

Sunday, November 9, 2008

Change...

Change is an often misunderstood and even misused term. But it defined a political presidential campaign season that culminated in an historic change. Oftentimes, it is difficult to understand the context of change if you look at it from a general standpoint. Simply put, a general change would be a new president. But even so, it is not always clear what that change embodies. So, understanding that change occurs on many levels may be a good starting point to understanding this concept. Change, change, change... if there is one thing that is a constant in our lives: it is CHANGE.

Here are some aspects of change to consider:

Political Change
Social Change
Economic Change
Technological Change

This could quickly become an academic discussion on these different aspects of change. However, I will simply touch on the fact that they occur simultaneously but a change in one can precede change in another. An example of this would be the financial mess we are currently dealing with. Economic changes occured at a pace that far exceeded a regulatory environment's ability to comprehend how to maintain the system's integrity. This gives rise to the need for political change in order to keep such a messy downside from occurring again.

So, back to the main point at hand. Due to the confusion surrounding the word change, it is not easy for most to understand how things will change. But one thing is certain. If we are to realize any lasting changes we will all have to get out of our comfort zones. This will not be easy. And if there is any framework that we can rely upon to understand this; it is dieting and exercise. In this context, change can be tough; but it can be positive too.

In closing, I would like to leave you with a quote that captures the essence of the prospects of change in an Obama Administration:

"But he has engendered widespread enthusiasm in a jaded and cynical public, especially among young people. And if he does not disillusion them in the years ahead, that would be a real gift to the nation." By David Broder of The Washington Post

Lets rally in support of this new administration. For various reasons beyond the scope of this blog post, the last administration was abandoned. But we need to work together more in these next few years than we did the last few years. Our future depends on it and our kids and future generations demand it.

Remember: Nothing ever happened out of a lack of a vision for it.