First of all, this is not a tried idea. Secondly, for this to work it would require an act by congress to establish this entity. The main theme of this entity would be to help ordinary citizens and enhance the trust funds for highways and infrastructure in America.
The means for this is previously blogged about by myself and is used as follows; 1) Create the "Entity" by act of congress, 2) Fund this "Entity" with a lump of the "Economic Recovery Funds" already set aside in the amount of 50 Billion dollars with 1 billion directed to each state in a statewide office overseen by the "Entity" created by congress, 3) Start programs in each state to approach all privately owned property offered for rentals or sales be fitted with an array of Solar/Wind/Hydrogen power generation capabilities to enhance the lives of ordinary people and to then have the private/public partnership to start on economic recovery.
Now you ask how? Well, simply put, by fitting all the properties with the mentioned array, power generation for each residence would be engineered in such a way that the power used by the property is being enhanced by generating more in the overall time period than is consumed. The individual residence would have to be evaluated for overall energy needs but also peak demand times for energy so the production of the array would provide more power back into the power grid from each residence. All power that would be generated above the amount used by residence could be taxed by a small amount such as 2% for the first 5 years to 5% after that because if the plan works then all other proceeds from the power generated could return to the "Entity" in a pool for reinvestment into more residences as it expands.
This is a way to stimulate the economy and provide more useful jobs in manufacturing and construction as well as a new class of "Government/Private Jobs" that help to grow our economy. The existing jobs that are currently being eliminated by all of the economic distress could be reversed if such a plan was enacted. The multiplier effect would also be noticed as the numbers of jobs in all sectors expanded to keep up with growth. Moreover, our green initiative would be enhanced by such actions encouraging new and different ideas as it relates to applications of electricity.
As this blog is being written, all over America the cost on everyone's electricity bill is rising from 17% to 23%. By starting this type of a plan to enhance and expand our abilities to deal with more demand we help America in many unseen ways.
All of this is very possible if enough of us asked our congress to get involved in this kind of grass roots effort that helps everyone in America.
