The Progressive

NewsWire

A project of Common Dreams

For Immediate Release
Contact:

Suzanne Struglinski, NRDC, 202-423-6004 (cell), sstruglinski@nrdc.org

Obama Rebate Program Will Create Jobs, Save Homeowners Money

President Obama gave more details today
of a $6 billion program to give homeowners rebates to make improvements
to their homes that make them more energy efficient.

Congress
still needs to approve the plan, known formally as Home Star -- and
nicknamed "Cash for Caulkers." Improvements such as adding insulation
or replacing old furnaces can reduce monthly energy bills while
creating jobs in the slumping construction industry, according to the
Natural Resources Defense Council.

WASHINGTON

President Obama gave more details today
of a $6 billion program to give homeowners rebates to make improvements
to their homes that make them more energy efficient.

Congress
still needs to approve the plan, known formally as Home Star -- and
nicknamed "Cash for Caulkers." Improvements such as adding insulation
or replacing old furnaces can reduce monthly energy bills while
creating jobs in the slumping construction industry, according to the
Natural Resources Defense Council.

The following is a statement by Lane Burt, manager of Building Energy Policy at NRDC:

"Some
estimates show that homeowners could save up to $1200 a year on energy
costs while improving the comfort and value of their homes. Even the
most basic upgrade puts money in our pockets, puts Americans back to
work and puts energy waste on the run. It's a triple play on a more
efficient future. And it pays for itself by helping our economy to
recover. I hope Congress will continue to work hard to make this a
reality.

"American homes are so wildly inefficient that
billions and billions of dollars in wasted energy are holding back our
economic recovery. Fixing our leaky homes has the potential to create
countless high quality jobs that cannot be sent overseas. There are
well over 100 million homes in this country and nearly all of them can
slash their energy use by half with off-the-shelf technology. With home
efficiency, we will not be limited by the amount of work that needs to
be done, but rather the amount of people out there to do the work."

NRDC works to safeguard the earth--its people, its plants and animals, and the natural systems on which all life depends. We combine the power of more than three million members and online activists with the expertise of some 700 scientists, lawyers, and policy advocates across the globe to ensure the rights of all people to the air, the water, and the wild.

(212) 727-2700