Why isn’t the Obama team trying harder to save the promising PACE clean-energy model?
Mortgage giants Fannie Mae and Freddie Mac have essentially quashed Property Assessed Clean Energy (PACE) programs, which have been launched in local communities around the U.S. to make green improvements more affordable to homeowners. The Obama administration has taken modest measures to help out, but it hasn’t put its top people on the case. If it did, there’s reason to think PACE could be quickly restored.
