A few months ago I wrote a brief post about a plan from a guy named Edward Mazria. His basic idea was that we could get a huge bang for our stimulus buck by refinancing mortgages at low rates if homeowners agreed to renovate their homes to increase energy efficiency. This would reduce energy consumption, lower mortgage payments, and stimulate the flagging construction industry all at once — as well as providing an enormous multiplier for every stimulus dollar spent.
Well, Mazria’s plan is starting to get a little more attention. For more, take a look at Mike Mechanic’s piece on our main site. It’s intriguing stuff.