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Financing Energy Efficiency
More than half the houses in the U.S. were built before 1970. (Photo courtesy of the National Renewable Energy Laborator)
Reducing your carbon footprint by using less energy can cost money. Efficient cars, energy efficient homes, and energy-saving appliances all take money. That's why some states are testing whether homeowners would be willing to borrow money to upgrade their homes and, in turn, save a few bucks in energy costs. In one state, the plan is to get private banks and credit unions to finance energy efficiency. Peter Payette reports:
Information from the State of Michigan
More information about the program
Producer: Peter Payette
Release Date: February 17, 2010
Running Time: 3:06