Join us at McCall Field as Ed Pinero, SVP for Sustainability and Public Affairs at Veolia North America, and Matt Karnell, Director CFA Programs Division, PA Department of Community & Economic Development discuss developing and financing sustainable energy work.
Sustainability and Energy
Sustainability is typically characterized as balancing environmental, economic, and social attributes such that desired results can be obtained and maintained over time. This means that in order to be sustainable, one must consider trade offs and balancing of priorities, understanding that actions are not perfect for all three attributes at the same time. Energy generation and management is a constant balancing act between the three elements. Such practices include a logical mix of renewable and non-renewable sources, sound energy use practices, energy efficiency, grid resilience and reliability, and energy security. Much work has been done at various scales leading towards integration of sustainability principles in the energy sector.
Financing Projects
The Alternative and Clean Energy Program (ACE) provides financial assistance in the form of grant and loan funds that will be used by eligible applicants for the utilization, development and construction of alternative and clean energy projects in the state. The program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP), under the direction of the Commonwealth Financing Authority (CFA). Funds may be used for Activities to promote the utilization, development and construction of alternative and clean energy projects, infrastructure associated with compressed natural gas and liquified natural gas fueling stations, plus energy efficiency and energy conservation projects in the state.
Ed Pinero is currently Senior Vice President for Sustainability and Public Affairs at Veolia North America. He has along history in energy related issues, including serving as Pennsylvania State Energy Director for Governor Tom Ridge from 1999-2001 as well as chairing the ISO 50001 International Committee on Energy Management Systems
Since 2009 Matt Karnell, as Director of CFA Programs Division, has provided educational and program guidance to applicants. The Commonwealth Financing Authority (CFA) was established as an independent agency of the commonwealth to administer Pennsylvania's economic stimulus packages. The CFA holds fiduciary responsibility over the funding of programs and investments in Pennsylvania's economic growth.
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