Just In! is NY-GEO’s weekly news feed for members. NY-GEO’s calendar-year memberships are open to everyone and available for as little as $35. See more information on memberships here. Click here to see some of the work a NY-GEO membership supports. We also feature three of the top news item summaries on the NY-GEO home page every Monday.
First-Ever Housing Development Powered, Heated and Cooled by Geothermal Technology – CNBC’s Diana Olick joins Shep Smith from Texas to report on the first ever large-scale housing development ever heated and cooled by geothermal technology…”A blueprint for greener living… The day you move in it’s going to be saving you money…IRA is a massive windfall…This technology can grow now on a much larger scale” really good 3 minute segment here.
New York Will Spend $25M To Cap Unused Oil and Gas Wells – Nick Reisman – State of Politics – “New York state will receive $25 million in federal funding to cap what are expected to be thousands of abandoned and unused oil and gas wells, Gov. Kathy Hochul’s office on Monday said. The money is being made available through the federal infrastructure law and meant to prevent the further emissions of methane from the wells.” (from 2022 08 29 – City & State First Read) Full article here.
Community Preservation Corporation and Valley Bank Finance Net Zero Energy Apartment Complex in Geneva, New York – “On August 9th, 2022, Valley closed its first ESG-linked loan through…CPC’s Sustainable Mortgage Program. 1 Solstice Lane is a 12-unit apartment complex which was completed this past January. The property has multiple EV charging stations, is employing highly efficient heat pump systems for heating, cooling and hot water, and has a rooftop solar array sized to cover all electricity used by the building making this project Net Zero Energy. The increased comfort and reduced utility costs associated with these features has helped drive the successful lease-up of the facility. Press release here.