It seems as though the wave of building retrofits in the US has been predicted for several years now. Frank Alsup of the Rock Mountain Institute see signs that momentum is building, both on the Federal level and on the state level in California, where Controller John Chiang is pushing for legislation to jump-start retrofits:

“Chiang’s proposed state-controlled mechanism would funnel the debt into revenue bonds issued by the state, which are secured by a lien on the deed of the building. This structure offers increased security for financiers to lend, and the burden of repayment transfers to whoever holds the building deed. The financing is designed to cost the state nothing.”