On WFPL, I reported about some difficulties Louisville (and many cities and states) may soon have pursuing green initiatives. Sustainable construction and improvements cost money. For the last two years, much of the money for these projects came from the federal stimulus package. Without the stimulus money and without earmarks (most likely), it will be hard for cities and states to afford these projects.
Mayor Greg Fischer says he’s aware of this, and he says the cost difference between standard development and green development has shrunk. That’s the up-front cost, though. In the long run, it’s possible that these improvements will pay for themselves (and then some), with lower utility bills.
This is what happens when an economic recession overlaps with the run-up to an environmental catastrophe. Cash-strapped cities would benefit from green developments, but they can’t afford the cost of entry.