Green News

A better environment, A better World.
April 9, 2009

The Financial Angle: Environmentalism Still Driven By Money

Posted by : admin
Filed under : Enviornment News

Greening your home can make you some money.

The stimulus package approved in February contains items aimed at making everyone an environmentalist. Well, let’s say practical environmentalist. By offering tax incentives for a variety of home greening initiatives, Congress managed to both raise and lower my spirits around environmental issues: it’s great that people will have reason to save energy and live more efficiently, but I hate that the reason has to be money before anyone pays attention.

As reported in the New York Times, the green measures homeowners can take and get paid for it include home-shell improvements like better windows and insulation all the way up through solar cells on rooftops and buying a hybrid vehicle. Overall, individual tax payers can earn up to $1,500 in tax credits for these types of initiatives.

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