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Business & Labor

Clinton Foundation Promises to Lower Cost of Green Technologies

(archrecord.construction.com - 08/23/2006)

By Alan G. Brake

Amid the summer’s record heat, Bill Clinton’s charitable foundation is launching the Clinton Climate Initiative to combat global warming by providing technologies that will help reduce carbon emissions in the world’s largest cities, including New York, Philadelphia, Chicago, and Los Angeles. Modeled after the Clinton Foundation’s success at distributing lower-cost AIDS medications among developing countries, the Climate Initiative will organize purchasing consortiums to bring down the costs of efficient technologies, which will likely include architectural components such as photovoltaic panels, green roofing materials and high-efficiency HVAC systems. The purchasing consortium will also promote efficient street lighting, hybrid vehicle fleets, and local energy production, such as trapping gases from landfills and using them as alternative energy supplies.

In a statement the former President said, “It no longer makes sense for us to debate whether or not the Earth is warming at an alarming rate, and it doesn’t make sense for us to sit back and wait for others to act. The fate of the planet that our children and grandchildren will inherit is in our hands, and it is our responsibility to do something about this crisis.”

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