Jack Hidary is excited to be a member of the Pacenow consortium.
The Waxman/Markey Bill was amended to reflect our comments and now empowers the Federal government to provide indirect credit support for the issuance of PACE bonds (essentially they can be guaranteed to help spur the market). In addition, the energy & commerce committee has provided for monies by capitalizing the “green bank” with $7.5 billion which is great and the key for beginning to finance the retrofit of our nation’s buildings.
Thank You: We owe thanks to the senior teams in the offices of Chairman Waxman (Jeff Baran, Phil Barnett, Greg Dotson, John Jimison), Rep. Markey (Jeff Duncan, Jeff Sharp) , Rep. Van Hollen (Bill Parsons), Rep. Inslee (Beth Osborne), Rep. Dingell, and Rep. Gordon. They agreed the amendment made sense and made it happen. We also received excellent counsel and help from Congressman Israel (Tricia Russell), John Sheiner in Chairman Rangel’s office, the team at the National Commission on Energy Policy (Sasha Mackler, Lourdes Long), Susan Leeds at NRDC.
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