In a press release dated yesterday, Rep. Perlmutter’s office announced that his “GREEN Act (Green Resources for Energy Efficient Neighborhoods) was heard in the House Financial Services Subcommittee on Housing and Community Opportunity.” This bill “provides incentives to lenders and financial institutions to provide lower interest loans and other benefits to consumers, who build, buy or remodel their homes and businesses to improve their energy efficiency.”
In prepared remarks, Perlmutter stated, “Combined, our homes, businesses, schools, governments, and industries consume more than 70 percent of the natural gas and electricity used in the country. The GREEN Act would reduce the harmful effects buildings have on the environment by encouraging energy efficiency and the development of renewable energy resources, thereby creating sustainable communities.”
What harmful effects are buildings having on the environment? Is this more nonsense about greenhouses gases supposedly causing global warming? That’s been thoroughly debunked.
I have no objection to individuals, businesses, and other organizations improving energy efficiency in their buildings if that’s what they want to do. However, the federal government should not be involved in that and certainly shouldn’t be trying to motivate people to do it–particularly at taxpayer expense. Show me where in the Constitution the federal government is given authority to interfer with financial institutions or energy production.