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earthtechling.com 2014 0000449.txt

#Obama Goal: Energy efficiency For Millions Of Apartments Theye calling President Obama approach to governance these days mall balland they might be right but there remains a lot an administration can do beyond grant Kennedyesque moonshot-style initiatives. Take the announcement today by the U s. Environmental protection agency about its new partnership with Freddie mac the government-backed outfit that provides liquidity to a huge portion of the home loan market. What comes of this partnership remains to be seen but the goal is imminently sensible: to make apartments more energy efficient. Ecoflats is focused a green apartment building in Portland Ore. image Earthtechling) According to the EPA around a third of Americans live in apartments in multifamily buildings and their energy bills add up to $22 billion a year. This is a sector that doesn get a lot of attention when it comes to improving efficiency often there little incentive for building owners to make such investments. But the possibilities are great the EPA says: ousing industry studies have projected that multifamily properties can become 30 percent more efficient by 2020 unlocking $9 billion in energy savings and preventing more than 35 million metric tons of greenhouse gas emissions per year. PA says the partnership with Freddie mac flows from the president Climate Action Plan and the agency pointed to three ways apartment energy efficiency gains might be made: The EPA said it already been working with Fannie mae and the U s. Department of housing and urban development on similar efforts and his latest agreement with Freddie mac is another critical step forward in meeting the President goalof making multifamily buildings 20 percent more energy efficient by 2020 n

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