Monday, April 21, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Ygrene Green Energy as unAmerican as Richard Branson

EDITOR: I’m always amazed at how uninformed our Board of Supervisors is in supporting and giving one company, Ygrene Green Energy Holdings, a monopoly to provide solar and energy-efficient retrofit financing over all of El Dorado County by placing senior debt liens against our citizens’ property.

You only need to dig on the Web a few minutes to quickly find out that Ygrene is backed by none other than British Billionaire Sir Richard Branson through his Carbon War Room initiative. While it’s nice that a billionaire who often flies in private jets to his private island and isn’t that concerned about his own carbon footprint is so concerned about yours. Or is he?

The real insidious intent is to gain a monopoly of green energy financing across El Dorado County and piggyback on the county tax collector to provide free loan servicing of the loans made to citizens, thereby offloading the normal overhead of banking onto our local county government agency. Nothing like stripping off overhead and creating a virtual bank with no management responsibility and costs borne by taxpayers.

Why is our county Board of Supervisors so eager to sell our county out to Ygrene Green Energy Holdings? Why isn’t the Board of Supervisors listening to their experienced department heads who have clearly stated the problems of creating a blanket senior lien against parcels and making the tax collector responsible for collecting a British billionaire’s loan payments? It seems there are a lot of solar installation and energy efficiency retrofit companies out there and they all seem to offer a financing program, so financing doesn’t seem to be an issue. Seems like the free market is doing a fine job of this. Perhaps one or more of our county supervisors is getting kickbacks from Ygrene?

LEE ANDERSON
Placerville

Letters to the Editor

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Discussion | 16 comments

  • EvelynJanuary 01, 2014 - 7:24 am

    Lee Anderson has done his/her homework on Ygrene. Non-profits (irony!) strike again "The Carbon War Room, an independent non-profit, founded by Sir Richard Branson, that harnesses the power of entrepreneurs to unlock gigaton solutions to climate change, announced today the launch of a new consortium that will unlock billions of dollars of investment in renewable energy and energy efficiency technologies for US commercial real estate." - HERE

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  • cookie65January 01, 2014 - 8:02 am

    Yep, those "non-profits" have swallowed up more money than the war in Iraq. They have been an invisible scam on the American taxpayers for decades. Those who remain totally clueless about them consider themselves to be the most informed. The world is upside-down.

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  • EvelynJanuary 01, 2014 - 7:34 am

    From the Carbon War Room’s 2011 IRS Form 990: “Operation Green Capital began in the current [year]. This is an initiative developed that harnesses the entrepreneurial spirit of mayors, financiers, and business leaders to identify and disseminate financial models that increase capital flows to civic energy efficiency opportunities. The PACE Commercial Consortium was also launched in the current year. This integrates Lockheed Martin, Barclay’s Capital and THE Pionerring (sic) Insurance Partnership . . . administered by the teams’ leader, Ygrene Energy Fun.”

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  • cookie65January 01, 2014 - 8:13 am

    Sacramento Mayor Kevin Johnson ran on his "green initiative". He was going to build the first "green economy" in Sacramento. He was going to create the "Emerald Valley". So far the kickbacks have been profitable for the inner circle of politicians and certain public sector agencies who wouldn't exist otherwise, the grants have been profitable for the business's who couldn't survive in the free market and the taxpayers have footed the bill for all of it. The green fraud is not self sustaining and will forever operate at a cost to the taxpayers. Not only in taxation but in job losses. http://sacramentopress.com/2010/05/19/mayor-kevin-johnson-proposes-green-initiative-plan/

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  • EvelynJanuary 01, 2014 - 8:18 am

    Thinking of Lockheed Martin in the "green game" is quite fun.

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  • cookie65January 01, 2014 - 9:12 pm

    Eve!yn, are we witnessing the evolution of the "Green" Industrial Complex?

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  • EvelynJanuary 02, 2014 - 6:38 am

    Cookie: It's simple color-coded rapaciousness. No official dares vote against any project having the word "green" (or "sustainable"!) as a modifier. As for Lockheed Martin being "green" . . .

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  • cookie65January 02, 2014 - 9:05 am

    Eve!yn, there is immense profundity in your observation. Simply replace the word "green" with any number of catch words or phrases used over the last 30 years or so and note how they have been used to bludgeon people into submission. All of it is fully dependent on the persuasiveness of emotion. This is also the reason we see the terms racist and hate so frequently.

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  • EvelynJanuary 02, 2014 - 3:31 pm

    No profundity at all, Cookie. The observation arises simply from watching local gov't in action, reading their agendas & watching the votes. ASIDES: (1) The proposed (but popularly rejected) Main St. roundabout gets funded because they say it will reduce carbon emissions. (2) Last year one of our City Councilors helped us better understand mandatory jargon by defining himself as "sustainable".

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  • Rosco_P_ColtrainJanuary 02, 2014 - 9:26 pm

    Yis maym, Thu rundbout will reduse carbon mission bye makun peeple drive ronde an ronde and alsoe look fer parkin up n doun mayn street. Miss Evelyn, yu ar won smart cooky. Sum how, sum whye sum won is gittin payd fer gettin thu rundbout in peeville. I hoope thayt with yer help it kan be stopd. This heer is a bayed ideer.

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  • EvelynJanuary 01, 2014 - 7:46 am

    Video recording of BOS meeting 10/1/2013 (HERE) when staff were directed to move forward on PACE partnership with Ygrene Energy. (Go to Agenda Item 19, beginning at 01:31:30)

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  • cookie65January 01, 2014 - 9:41 am

    This article never mentioned the dinosaurs and how Fred Flintstone caused their extinction. http://unu.edu/publications/articles/climate-change-victims.html

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  • Fran DuchampJanuary 02, 2014 - 9:47 pm

    Why is it when people use "green" anything...I think of the movie Soylent Green--which scared me as a kid. http://en.wikipedia.org/wiki/Soylent_Green In the movie they make food out of humans--past their time or usefulness...to fee an overpopulated world. 1973 movie...I was in middle school--they had just come out with Breakfast Bars--which after the movie--didnt do well.

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  • JimBoJanuary 05, 2014 - 9:46 pm

    Some of us know much more about the players in Ygrene Energy than the current BOS. The Regional Director, John J Kaufman was a low level player in the Greek Development community in Sacramento working for his father's land company, Dan Kaufman. John lived the high life on refinancing and mortgage debt and leveraged his Arden Park house to the hilt to the tune of nearly $1 million, which he lost to foreclosure in early 2012. The fact that the EDC BOS is taking advice from this clown is beyond belief. KAUFMAN JOHN J GRANTOR TRS DEED UPON SALE 20120117 0148 http://www.kaufmanpropertiesinc.com/about-us/

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  • JimBoJanuary 05, 2014 - 9:47 pm

    Resume of John J. Kaufman, Regional Director of Ygrene http://www.linkedin.com/pub/john-kaufman/6/47/50B

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  • JimBoMarch 10, 2014 - 9:34 pm

    Richard Branson’s airlines have emitted 7.1 million metric tons of CO2. Virgin CEO Richard Branson may be championing green business investments, but his airline empire has emitted more than 7.1 million metric tons of carbon dioxide into the atmosphere over the years. Branson recently took to his blog to decry global warming denialism, saying that those who are skeptical of mankind’s effect on the planet should “get out of our way.” But Branson’s own airline companies have emitted millions of metric tons of carbon into the atmosphere. Branson’s flagship airline company Virgin Atlantic emitted about 4.8 million metric tons of carbon in 2006 and 2007 from aircraft operations and other operations “including staff travel to and from work, business travel by car and plane, plus energy consumed at [their] UK offices and hangars.”

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