Energy and Global Warming News for July 6: Why is Fannie Mae waging war on energy savings? Wind-power is healthier than coal or nuclear; China now has the per capital CO2 emissions of France

Why Is Fannie Mae Waging War on Solar Panels and efficiency?

Fannie Mae has been taking some very peculiar actions against homeowners lately. First, it decided to crack down on strategic defaulters. Now, we learn that it (along with Freddie) is threatening not to accept loans if the associated borrowers retrofit their homes with solar panels through a government stimulus program. This might seem odd, especially if you consider another strange action on the part of Fannie that we learned about...

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Published on July 06, 2010 09:26
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Joseph J. Romm's Blog

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