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Pioneering energy efficiency with incentive-based policy

I have to help the City of Kelsey become a pioneer in energy efficiency by proposing and defending an incentive-based policy.

I have to write about this , this is my chosen policy proposal :The City of Kelsey will offer a 50% reduction in building permit fees for building projects that receive a certified rating from an independent third party according to the Leadership in Energy and Environmental Design Green Building Rating System.

The part which i have to do is:

Contrast the economics of your chosen policy proposal with a decentralized approach to energy policy.

Contrast the economics of your chosen policy proposal with a standards-based approach to energy policy.

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Contrast the economics of your chosen policy proposal with a decentralized approach to energy policy.
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Decentralized energy distribution produces electricity or energy from many small energy sources. It allows collection of energy from many sources and often results in smaller environmental impacted and improved security of supply in comparison to centralized facilities (Hiremath et al., 2007). Decentralized approaches were developed because of perceived externalized costs of central plant generation, particularly those environmental in nature. They also arose because of higher relative prices of energy, higher overall complexity, and total costs for regulatory over site, metering, and billing (Hiremath, 2007).
Decentralized energy planning is in the interest of efficient utilization of resources. The regional planning mechanism takes into account various available resources and demands in a region (Hiremath, 2007). This is different than the permit reduction approach proposed ...

Solution Summary

Pioneering energy efficiency with inventive-based policy is examined.

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