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Carol McFadden's Comments

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At 1:05pm on November 14, 2009, Brad Klafehn said…
Hi Carol - Thanks for the suggestions.

Actually, Denver has a Climate Action Plan - it was approved about 2 years ago. It's not bad, but it also isn't going to get done what the planet needs to get done. I wrote comments on it that I can forward to you if you'd like. Basically, I said that their goals were too modest and that the plan was too top-down to be truly effective.

A couple of days ago, I did get a response from Greenprint Denver, and it turns out that I have a contact there - a guy I worked with in the City's Budget and Management Office, who now is their Deputy Director. A good guy, but pretty cautious. Anyway, my question was about Denver starting a Boulder ClimateSmart-like program, where homeowners can get loans that are then paid back through the property tax bill. Scott Morrissey, the Greenprint guy, said that there would TABOR issues and other issues with doing a bond-funded program. That's correct, and I would prefer to see a revolving loan fund be the vehicle for this. There is stimulus money available, and it could be supplemented with private donations. With bond-funded programs, there are high issuance costs and once the money is loaned, and paid back, the revenue goes to bondholders, and doesn't stay in the system to make further loans.

I'm working up a proposal for this now. Just came back from an Interneighborhood Cooperation meeting, where I pitched the idea, and Dana from the Transition Denver Steering Committee says they'd be interested in this, too, so I'm feeling good that we can make this happen!

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