Ohio announces financing help for energy upgrades
Treasurer Kevin Boyce said that the Energy Conservation for Ohioans program would provide 3 percent interest rate reductions when homeowners make energy efficiency improvements or install solar panels.
Participating banks include KeyBank as well as community banks such as First National Bank of Bellevue.
Boyce says the interest rate reduction will increase the value of homes and supplement federal tax credits already available for energy improvements.
He also says the program would mean more projects for the energy industry and possibly create jobs.
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New clean energy investment in developing nations slipped sharply last year: report
BEIJING - New clean energy investment slid by more than a fifth in developing countries last year due to a slowdown in China, while the amount of coal-fired power generation jumped to a new high, a recent annual survey showed.
Bloomberg New Energy Finance (BNEF) surveyed 104 emerging markets and found that developing nations were moving towards cleaner power sources, but not fast enough to limit carbon dioxide emissions or the effects of climate change.
New investment in wind, solar and other clean energy projects dropped to $133 billion last year from $169 billion a year earlier, mainly due to a slump…
