Mayor joins other California leaders to tout energy-efficiency-geared stimulus funds 

A recent survey showed that Bay Area clean tech companies were struggling to create new green jobs, in part because consumer demand was lagging.

The No. 1 complaint: There needs to be more loan programs for green financing, especially in the wake of suspended programs.

Mayor Gavin Newsom on Monday joined dozens of other California leaders to confab about this very topic, where he later delivered some good news. San Francisco garnered $7.7 million in federal stimulus funds, also known as Energy Efficiency and Conservation Block Grants, which will allow The City to improve energy efficiency in more than 150 buildings citywide, Newsom said. Moreover, Newsom said “These energy efficiency projects create and sustain green jobs, save people money on their utility bills, and cut The City’s carbon emissions by more than 3,000 tons a year,” the mayor said.

The grant program was first started last year as part of the national Economy Recovery Plan. The program was initiated by the Conference of Mayors designed to assist mayors in cutting energy use and climate emissions. The program injects $2.8 billion directly into cities and counties, including 215 cities in California.

About The Author

Staff Report

Staff Report

Bio:
A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
Pin It
Favorite

Speaking of...

More by Staff Report

Latest in California

© 2018 The San Francisco Examiner

Website powered by Foundation