Did you know?
Starting back on Valentine’s Day of 2009, Green America encouraged the community to “Break Up with Your Mega-Bank”. This initiative inspires community members to leave their big corporate bank and do business with a local bank. If you want to join or learn more about Green America’s Break Up with Your Mega-Bank click here.
If you have break up stories about your bank, SHARE them with us in our ask box or send us a picture.
The DB Climate Change Advisors (DBCCA) and The Rockefeller Foundation recently released a research study detailing the potential size and investment opportunity of upgrading and replacing energy-consuming equipment in US real estate.
The main highlights in the document are that $279 billion could be invested in retrofitting in the US. That investment alone could yield more than $1 trillion of energy savings in 10 years, approx saving 30% of annual electricity spent in the US.
The report goes on to investigate different financial models that would implement the new savings in residential and corporate sectors.
The U.S. Virgin Islands have started a plan to reduce the fossil fuel by 60% by the year 2025. The USVI plan includes the implementation of five different renewable energy technologies.
Similar to other islands, the USVI relies heavily on imported oil, but with the help of NREL the islands plan to reduce dependence on fossil fuels.
Currently, the USVI burn about 2.6 million barrels of oil each year between electricity and water desalination. But if all goes to plan, by 2025, the islands will hopefully reduce their oil consumption to about 1 million barrels each year.