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OCKHAM'S RAZOR

11/09/11 6:22 PM

#656 RE: MrDemas #655

CONTACT:
Environmental Protection Agency
Molly Hooven
Hooven.Molly@epa.gov
202-564-2313
202-564-4355

Natural Resources Canada
Patricia Best
613-996-2007
613-992-4447

FOR IMMEDIATE RELEASE
November 9, 2011

The Governments of United States and Canada Harmonize Approach to Save Energy in Commercial Buildings

WASHINGTON – The U.S. Environmental Protection Agency (EPA) and Natural Resources Canada (NRCan) have signed an agreement that will create a common platform for measuring and assessing the energy performance of commercial buildings in both countries. The agreement will harmonize the approach of the two countries by enhancing EPA’s existing Energy Star Portfolio Manager software tool to track and rate the energy performance of Canadian commercial buildings, in addition to buildings in the United States.

“This agreement between EPA and NRCan is part of a broad commitment to working together on energy efficiency, an important element of cleaning the air and securing our energy future,” said EPA Administrator Lisa P. Jackson. “We are glad that Canada selected EPA’s Portfolio Manager tool to support their national energy management program for existing commercial and institutional buildings, and we look forward to the benefits this new partnership will create for the health of our families, for our economy, and for our environment.”

“Energy benchmarking is an important aspect of an effective energy management strategy to improve energy efficiency in buildings because, what gets measured gets done,” said the Honourable Joe Oliver, Minister of Natural Resources. “This agreement is another example of how we are working with the U.S., through the Clean Energy Dialogue, to reduce greenhouse gas emissions and combat climate change."

The Clean Energy Dialogue (CED) was established by President Obama and Prime Minister Harper as a bilateral mechanism to strengthen collaboration on clean energy technology and innovation. Through the CED, Canada and the U.S. are accelerating the transition to a clean energy economy while enhancing energy security and revitalizing the economy by creating jobs in this emerging sector.

With a database of more than 250,000 buildings, representing nearly 27 billion square feet of commercial and institutional building space in the U.S., the popular Portfolio Manager tool provides both governments with solid, measurable information on energy savings and greenhouse gas emissions reductions from commercial buildings.

Recent surveys show that there is a higher demand for energy-efficient buildings, with the most efficient commanding rental rates that are, on average, three percent higher per square foot and selling at prices that are typically 16 percent higher than other similar buildings.

Through the agreement, important enhancements will be made to Portfolio Manager, including the development of a Canadian-based energy performance scale and the addition of Canadian reference data (weather, energy and emissions factors and metric units). The tool will also be available in both official languages.

The agreement, developed under the U.S. Federal Technology Transfer Act, took effect on October 1, 2011 and will run through March 30, 2016.

OCKHAM'S RAZOR

11/09/11 6:24 PM

#657 RE: MrDemas #655

Think there is some real potential here...imo

Octus Joins Ygrene Energy Fund to Implement Clean Energy Finance Program for the City of Sacramento


City staff and elected officials should be commended for their vision and leadership," said Octus CEO Chris Soderquist. "PACE financing will enable Sacramento property owners and contractors to implement clean energy projects. Our collaboration with Ygrene will be a vital component of the program's success, evidencing how Octus's PACEWorks platform fuses private capital and clean energy technologies to make PACE a reality."

Octus and Ygrene estimate that, over the next five years, PACE-funded clean energy improvements in Sacramento will create more than 1,500 jobs and generate $264 million in economic output.

"This is a big deal for Sacramento, what I believe will be remembered as a tipping point for our economy," said Sacramento Mayor Kevin Johnson. "Ygrene, Octus and Barclays Capital can help us achieve a triple bottom line: Create jobs, slash utility bills, and reduce our carbon impact. With the deployment of $100 million in private capital and the engagement of local companies like Octus to drive investment, Sacramento is on pace be one of the most sustainable, green cities in the country."

"The City of Sacramento is poised to lead California's clean energy economy and we are proud to be a part of the program," said Dan Schaefer, president of Ygrene.

About Octus
Octus, Inc. (OTC.BB: OCTI.PK - News) is a leading resource efficiency company headquartered in Davis, California that significantly reduces the utility costs of commercial, multi-family and institutional buildings through the financing and implementation of energy-efficient lighting, HVAC and water management systems and products. Octus operates three complementary businesses: EfficiencyWorks (energy retrofit projects), RebateWorks (utility rebate procurement), and PACEWorks (clean energy financing). You can learn more about Octus at http://octusenergy.com, and more about PACEWorks at http://paceworks.net.