May 17, 2007

Cities Get Funding to Go Green

New York, Chicago, Houston, Toronto, Mexico City, London, Berlin, Tokyo and Rome received funding from President Clinton's foundation to renovate buildings to reduce greenhouse emmissions.

The former president said Citi, Deutsche Bank, JP Morgan Chase, UBS and ABN Amro have each committed $1 billion to finance the upgrades.

The planned projects include replacing heating, cooling and lighting systems with energy-efficient networks; making roofs white or reflective to deflect more of the sun's heat; sealing windows and installing new models that let more light in and keep the elements out; and setting up sensors to control more efficient use of lights and air conditioning.

16 Cities to Get Financing to 'Go Green'

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