Fed proposes new mortgage protections for consumers
December 18, 2007 09:47 AM - Reuters
WASHINGTON (Reuters) - U.S. lenders would have to determine that a borrower can afford a mortgage before making the loan under a Federal Reserve staff proposal on new regulations released on Tuesday. The proposed rules, which will be considered later on Tuesday by the Fed board, would also require that borrowers get details on their brokers' compensation and be billed monthly for escrow. If the board approves the new regulations, they would be released for public comment before becoming final
California's Depot Walk Earns LEED Certification
December 17, 2007 03:36 PM - Paul Schaefer, ENN
ORANGE, Calif. - Olson Homes, a pioneer in sustainable building practices and a leader in California's move towards in-town, urban living since 1988, is the first attached, new-home community in California to earn LEED Certification from the US Green Building Council (USGBC) and attain a Silver rating. The model homes at Depot Walk feature green construction materials, eco-smart interiors and solar efficiencies.
December home builder sentiment holds at record low
December 17, 2007 01:13 PM - Julie Haviv, Reuters
NEW YORK (Reuters) - Home builder sentiment held at a record low for a third consecutive month in December, weighed down by problems in the mortgage market and a huge supply of unsold houses, an industry group said on Monday.
Bali climate deal paves way for hotter U.S. debate
December 16, 2007 12:18 PM - By Deborah Zabarenko, Environment Correspondent, Reuters
WASHINGTON (Reuters) - A breakthrough deal forged by delegates from 190 countries has revived world efforts to fight global warming and may help push the debate to the front and center of the U.S. political debate.
California Town Goes Solar, Collectively
December 15, 2007 02:52 PM - Paul Schaefer, ENN
FOSTER CITY, Calif. - Thirty-six families in Clovis California joined together in a group-based purchase program, which raised 215 total kilowatts of solar power. As a result of the bulk purchase, the Clovis community will save 20 percent on the market rate for solar installations, and make a positive contribution to the air quality in the Fresno area by offsetting at least 4.3 million pounds of carbon over the next 30 years -- the equivalent of 4,536 barrels of oil.
Sharp to spend Y100 bln on solar cell plant: report
December 15, 2007 01:46 AM - Reuters
The plant will be built next to Sharp's LCD panel factory currently under construction in Sakai, Osaka Prefecture.
Lincoln’s Tomb going green
December 14, 2007 05:09 PM - Paul Schaefer, ENN
SPRINGFIELD – Geothermal technology will be used to replace the existing heating and cooling systems at Lincoln Tomb State Historic Site in Springfield’s Oak Ridge Cemetery, a move that will reduce energy usage, improve efficiency, protect the historic tomb finishes, and increase comfort for nearly 375,000 people from around the world who visit the 16th President’s final resting place each year.
The Largest Solar Electric System in New England
December 13, 2007 09:30 PM - Paul Schaefer, ENN
DAYVILLE, Conn. - Furthering its commitment to Environmentally Responsible Initiatives, United Natural Foods, Inc. (NASDAQ:UNFI) along with Solar Works, Inc. and the Connecticut Clean Energy Fund (CCEF), today held a dedication ceremony for the installation of the largest solar electric system in New England. The 550-kilowatt STC solar photovoltaic system from SCHOTT Solar, installed at the Company's state-of- the-art distribution facility in Dayville, CT, is expected to generate approximately 600,000 kilowatt hours of clean energy annually, enough to power more than 67 average New England homes for one year. The system output will avoid over 14 million pounds (over 6,350 metric tons) of carbon dioxide over the 25-year life of the system.
Hemp Farmers Appeal Federal Court Decision
December 13, 2007 08:46 PM - Paul Schaefer, ENN
BISMARCK, N.D. - Two North Dakota farmers, who filed a federal lawsuit in June to end the U.S. Drug Enforcement Administration's (DEA) ban on commercial hemp farming in the United States filed a notice of appeal today in the U.S. Court of Appeals for the Eighth Circuit after the court dismissed their case last month.
Treasure Island Plan: Most sustainable city on the planet
December 11, 2007 09:35 AM - Lexington Blood, Triple Pundit
Treasure Island, the man-made lump made up of 20 million cubic yards of sea floor soil sandwiched between 287,000 tons of rock and finally glazed over with 50,000 yards of loam.
The island was created for the 1939 Golden Gate International Exposition and then claimed as a Naval base until it was decommissioned 11 years ago. Since that time the city of San Francisco has been mulling over a re-facing and studying how to redevelop the bleak landscape on the horizon.
Following some-odd 300 meetings among officials, engineers, architects and the public, a plan has emerged and it is a bright green one. The task is to create a 13,500-person inhabited “urban oasis” consisting of the latest technology and natural systems that is expected to leave the slightest footprint on Earth!