Sunday, October 20, 2019

Building out the Green New Deal

Continuing this post:

I just finished reading Rifkin's Green New Deal. He talks about the success of public-private partnerships in building out its infrastructure. It is based on performance contracts by the private energy service company (ESCO). They make the start-up investments and get ROI based on their performance. However the infrastructure is owned, operated and maintained by the public (local and/or state government) with the benefits going to citizen users.

Rifkin has seen this sort of partnership work in the EU, which can be verified by going to Smart Europe. He claims it changes the capitalistic dynamic of buyer-seller to one of provider-user.
And the end result is we the people through our government own the infrastructure, not a private company. And we generate our own energy and share with each other within this energy commons.

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