Right now countries all over the world are rushing to make their green energy targets. This does include places like the UK and the United States. Right now, there is a lot of talk about what is the most efficient way to reach these targets. While countries are all coming up with new ideas, the answer to the problem may be to use all these ideas.
For example, in the United States, there are some States that are forcing state run agencies to increase their energy efficiency. This is a great idea that many other countries need to use as well. To better understand this new regulation, let’s take a closer look at it.
The Governor of New York, Andrew Cuomo, said that he has now issued an executive order that directs all state-owned agencies to increase the energy efficiency of their buildings by 20 percent. This has to be done over the course of seven years.
His administration said that it has an implementation plan that will help set project priorities based on energy savings per dollar spent. Thus, they will be addressing the most inefficient buildings first. Usually this means that they will be starting with older buildings as they are likely to be the least energy efficient.
In order to help with this scheme, the New York Power Authority has committed to providing at least $450 million in low-cost financing. However, according to the governor’s office, most of the projects that they will be taking on will require no capital spending upfront. Not only that, but the money that is spent is likely going to be paid back with the money that each agency saves on their energy bill.
Overall, this looks like a pretty good plan. However, there are still some areas that people think it could be improved on. One such area would be the timeline. Some people feel that seven years is way too long for agencies to drop their energy usage by 20 percent. In many cases, companies could wait years before they even start addressing this problem. This is not the kind of action that people want to see taken.
In short, the UK could use this strategy, but tweak it a bit. Make government-run businesses find ways to lower their energy bills. At the same time, don’t give them seven years to do it. By shortening the time, the UK could use this decrease in energy as a way to meet their carbon emission goals.