California Is Giving Poor Residents Solar Energy Using Polluting Companies’ Dollars
By Robbie Couch-Huffington Post
California’s fight against global warming is providing green energy to low-income residents — and polluting companies are footing the bill.
As the San Francisco Chronicle reported, about $14.7 million raised from the Golden State’s cap and trade system is going toward an initiative by nonprofit Grid Alternatives to install solar panels on homes in disadvantaged neighborhoods for free. The program reduces energy costs for families that could use the help, while simultaneously lessening their environmental footprints.
The state’s cap and trade approach limits the amount of greenhouse gases a company can emit and forces polluting companies — like oil refineries and power plants — to purchase credit for each ton used. Grid Alternatives is now using those credits to help families save big.
Read more here.