WASHINGTON, DC – President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector. The $4 billion investment announced today includes a $2 billion commitment, made through the issuance of a Presidential Memorandum, to energy upgrades of federal buildings using long term energy savings to pay for up-front costs, at no cost to taxpayers.
At no cost to taxpayers? Huh? How is that possible with the billions needed to be spent by federal and private sector energy upgrades, as mentioned above?
What are they smoking in the White House? Will it need to be fumigated come January 2013? Seems it will.
Daniel McAndrew 