Home / Knowledge / News / Textiles / Carpet industry supports 'Cash for Caulkers' legislation
Carpet industry supports 'Cash for Caulkers' legislation
16
Jun '10
Seeing it as a way to increase sales and put people back to work in the carpet industry, the Carpet and Rug Institute is pleased with a proposed new federal program that gives homeowners tax credit for making energy-efficient home improvements.

The legislation, called the Home Star program, has passed the U.S. House of Representatives and similar bills are pending in the Senate. The program is supported by President Obama and has been playfully called "Cash for Caulkers" in homage to Obama's earlier "Cash for Clunkers" auto industry stimulus.

Carpet is a natural fit for the Home Star program, as it has long been recognized as the only floor covering to measurably improve the R value (thermal resistance) of floors. The R-value measures how much a material resists the movement of heat through a ceiling, wall, or floor in a building. The higher the number, the more effective the insulation. Recent research conducted at the Georgia Institute of Technology, as well as independent scientific studies, have demonstrated that carpet increases the R-value, or insulation level, of the carpeted area, compared to other flooring materials.

"The enhanced R-value realized with the use of carpet can actually contribute to energy savings and lower utility costs," said Carpet and Rug Institute Vice-President Frank Hurd.

"In the Home Star bill, carpet would help homeowners qualify for the highest-level "Gold Star" $3000 tax credit reserved for renovations that result in an overall 20 percent energy savings," Hurd said.

The CRI is the leading industry source for science- based information and insight on how carpet and rugs create a better environment-for living, working, learning and healing. The Institute's mission is to serve the carpet industry and public by providing facts that help people make informed choices. Its best practices promote a balance between social, economic and environmental responsibility for the long term. CRI does this for its industry, yet it strives to be a model corporate citizen for all industries.

Carpet and Rug Institute

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Stefano Gallucci (left), CEO, Santex Rimar Group, and Tamer Hasbay, President, Has Group; Courtesy: Santex Rimar

Textiles | On 24th Jan 2017

Santex Rimar to market all Has products globally

Italy based Santex Rimar Group has signed an agreement with Turkey...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search