12/02/13 - By Davis Swan , President, Debarel Systems Ltd.
It was in May of 1961 that President John F. Kennedy declared that the United States would do the things required to land a man on the moon before the decade was out "not because they are easy but because they are hard". Twenty months later a contract to design and build a Lunar Excursion Module was awarded to Grumman and all of the LEMs were delivered by the end of 1966, more than two years before the first lunar landing.
No longer are utilities vertical-integrated from source to home. Reliable energy is assured by SMART grid investments; providing many of us the comfort of a heightened standard of living, raising productivity levels by subsidizing energy efficient end-uses, and making obtainable the luxuries of our aspirational society.
Property Assessed Clean Energy (PACE) financing has grown since its 2008 start as a solar financing tool, to include energy efficiency projects. PACE allows local government to administer efficiency loans using private capital and the jurisdiction's property tax system. Local taxing agencies assume new responsibilities, in between private lenders and private property owners.
Normally I wouldn't bother to broach this subject again, because for the last decade or so, economic and political misunderstandings, lies and delusions are everywhere and inescapable, and so a sensible contribution might not be appreciated.