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Philip Henderson, Senior Financial Policy Specialist, Washington, DC

Philip Henderson
Investment in energy efficiency often makes a ton of sense. For building owners, the up-front cost can be paid back in the form of lower energy bills, the space is usually made more comfortable and productive, and there are widespread benefits in the form of reduced toxic emissions and an ability for the utility to meet power demands from growth without expensive new generation and transmission. This new dynamic should be welcomed by lenders and investors as an opportunity for innovation to enable the investments needed to realize these gains. I joined the NRDC’s Center of Market Innovation in May, 2010. I’ve worked for years to bring innovation to the mortgage finance industry, including at dynamic technology companies. At CMI, we are working at the intersection of finance and efficiency to promote innovation and to make real the better future that is possible.

Recent Posts

GSA's leadership

Posted May 15, 2012 by Philip Henderson

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The General Services Administration (or GSA) -- the agency that manges most of the federal government's buildings and leases -- announced today a plan to invest in systems to monitor and measure energy use in certain GSA buildings.  These investments...continued

"Green Button" project is breath of fresh air. Better utility bills to follow...

Posted February 10, 2012 by Philip Henderson in Green Enterprise, Solving Global Warming

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My electricity bill looks like it was designed to confuse customers.  I'm pretty sure I'm not alone in feeling this way.  Fees with seven decimal places, a "multiplier," distribution, transmission, generation charges, a single "kwh" usage amount.  My home address...continued

New Yahoo survey -- the American dream home turns green!

Posted January 12, 2012 by Philip Henderson in Living Sustainably, Solving Global Warming

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A recent Yahoo survey about the American consumer's evolving view of housing provides interesting and strong evidence of a definite market trend.  According to the Yahoo survey, energy efficiency is a top hallmark of the "dream home"  -- more consumers cited...continued

President's Better Buildings Initiative will deliver real value and is great news

Posted December 2, 2011 by Philip Henderson in U.S. Law and Policy

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If anyone needs evidence of a smart federal initiative, one with bang-for-the-buck, take a look at President Obama's Better Buildings Initiative. Today the President announced two new elements in the ongoing effort that will deliver budget savings, create new jobs,...continued

Missing in Action -- Data on Energy Expenses

Posted October 24, 2011 by Philip Henderson

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Several good news reports describe new legislation to correct how mortgage lenders treat homeowner energy expenses -- the Save Act (S. 1737) introduced by Senators Bennet (D-Co) and Isakson (R-GA).  Here's a link to a very good article on the bill:  The Idea...continued

New "Save Act" would promote better mortages and more investment in energy efficiency

Posted October 18, 2011 by Philip Henderson in Curbing Pollution, Green Enterprise, U.S. Law and Policy

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U.S. Senators Michael Bennet (D - Colorado) and Johnny Isakson (R - Georgia) are expected today to introduce a bill titled "The Save Act." This bill can be a challenge to explain, as you'll see below, becasue it involves both mortgage...continued

New roadmap for modernizing electricity grid...but why wait to realize the gains from access to usage information?

Posted June 13, 2011 by Philip Henderson in Green Enterprise, Solving Global Warming

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The White House today released a report (titled "A Policy Framework for the 21st Century Grid") (here's the fact sheet) that provides provides a compelling vision and addresses challenges of modernizing the electricity grid.  One point stands in very high relief...continued

Time to shift to explore causes of mortgage default

Posted May 25, 2011 by Philip Henderson in Green Enterprise

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Today, once again, a New York Times editiorial lodged a complaint about the Administration's signature mortgage modification program. The program essentially pays mortgage lenders and servicers to reduce the borrower's loan payments in an attempt to prevent or forestall defaults. The Times's complaint, in...continued

Cities and States seeking to spur economic growth...look here

Posted March 8, 2011 by Philip Henderson in Green Enterprise, Living Sustainably, Solving Global Warming

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Cities and states seeking to find smart and incisive ways to spur economic growth should explore implementing Building Ratings, and the best place to start is our new website BuildingRating.org.   First things first -- What are building ratings and why are...continued

New Building Rating website will continue trend toward better information about energy use

Posted February 18, 2011 by Philip Henderson in Green Enterprise, Living Sustainably

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There's a strange disconnect in our economy.  We devote a massive amount of resources to heat, cool, and light our millions of homes, offices, stores, public spaces, coffee-shops, etc.. Yet we track only a tiny amount information on our performance.  That is, we have...continued

Kudos to KB Homes for giving home shoppers a home energy report

Posted February 15, 2011 by Philip Henderson in Curbing Pollution, Green Enterprise, Health and the Environment, Living Sustainably, Moving Beyond Oil

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Most home buyers understand the energy profile of their home only after a full year of bills have arrived.  Sometimes the bills deliver a shock. Since utility bills for most familes are a major part of the household budget, and because household energy costs...continued

House Republican proposal would cut programs that help our economy grow. Two examples explained...

Posted February 11, 2011 by Philip Henderson in U.S. Law and Policy

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The Republican leadership in the House of Representatives has proposed deep cuts to an astonishing set of federal programs.  Several of my colleagues have explained how prohibiting the Environmental Protection Agency from doing its work as a way to save money is foolish or deceitful.  See other blogs here....continued

The President's initiatives are on the right track, but there is more work to do...

Posted February 3, 2011 by Philip Henderson in Green Enterprise, Solving Global Warming, U.S. Law and Policy

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President Obama today announced several initiatives to promote energy efficiency in buildings. This announcement is welcome news.  Many building owners want to invest in improving the energy efficiency of their buildings, reducing monthly energy bills and increasing the value of...continued

Three policy keys to more energy-efficient commercial office buildings

Posted January 25, 2011 by Philip Henderson in Green Enterprise, Solving Global Warming, U.S. Law and Policy

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NRDC recently joined the Real Estate Roundtable, the US Green Building Council, and Johnson Controls, Inc. in a memorandum identifying three actions the Obama administration could immediately take to better enable building owners to invest in improving the energy efficiency of commercial...continued

NRDC delivers recommendations to HUD on FHA's PowerSaver pilot

Posted January 3, 2011 by Philip Henderson in Curbing Pollution, Green Enterprise, U.S. Law and Policy

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Several weeks ago HUD announced the PowerSaver program, a pilot program to allow FHA to insure home improvement loans intended to create energy savings for the homeowner. The underlying concept makes a ton of sense: Homeowners making improvements that lead to lower monthly utility...continued

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Switchboard is the staff blog of the Natural Resources Defense Council, the nation’s most effective environmental group. For more about our work, including in-depth policy documents, action alerts and ways you can contribute, visit NRDC.org.

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