Unlike many cities, Portland, Maine, has forged ahead with a significant
energy efficiency plan without federal stimulus dollars. Simply
borrowing money through bonding and investing in energy saving
improvements, the city will - over 20 years - reduce operating costs by
$700,000 per year and shrink its carbon footprint by 30 percent. Our
favorite quote from the news story: "We are spending money to save
money," Councilor John
M. Anton told critics. "And we are borrowing at historically low
interest rates. This is good fiscal management on the city's part."
Bravo.
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