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Chapter 30





             Afterword: A Sustainable


             Economic and Finance Proposal



             Woodrow W. Clark, II
             Clark Strategic Partners, Beverly Hills, CA, United States


             Chapter Outline
             The Problem                573     Feed-in Tariffs          577
                Corporate Governance in an Age  Carbon Incentive (Tax)   577
                of Economic Globalization  575  Master Contracts         577
                Political Economy of the State and  Solar Company Finance  578
                Public Goods Provision  575     Cap and Trade            578
                Private and Public Sector       Investments (Equity)     579
                Intergenerational Responsibility  576  Property Assessed Clean Energy  579
                Political Economy of Income and  Tax Shifting            579
                Wealth Distribution     576     Bank Mortgages: (Long-Term
                Human Capability and Economic   Transferable Debt)       580
                Development             576   Conclusion Now and for Tomorrow  581
             Economic Approaches: Overview in  References                582
             Brief                      577   Further Reading            582




             THE PROBLEM

             California Governor Brown has put forth a “Green Energy Job and Company
             Four Year Plan” (June 2010) when he was Attorney General and stated at the
             conference in Silicon Valley: “Over the next decade, the market for renewable
             energy will triple to more than $2 trillion,” Brown proposed then an eight
             “point action plan” ranging from energy efficiency to renewable energy power
             generation for buildings and homes.” The key point or bottom line that
             Attorney General Brown made a year later as Governor is:

               Probably the most significant reason people don’t make their homes more
               efficient is the high up-front costs of major efficiency upgrades, even though they
               save money in the long run .The State and utilities have to help local
               governments, businesses, homeowners finance the costs of efficiency upgrades.


             Sustainable Cities and Communities Design Handbook. https://doi.org/10.1016/B978-0-12-813964-6.00030-6
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