Connie Mae

Connie Mae

Connie Mae, also known as Carbon Neutral Mortgage Association (CNMA) is a hypothetical financial agency proposed by environmental activist Al Gore. [cite journal
url=http://www.washingtonpost.com/wp-dyn/content/article/2006/09/18/AR2006091801125.html
title=Gore Unveils Global-Warming Plan
journal=Washington Post
accessdate=2008-04-25
last=Powell
first=Michael
]

Gore proposed the idea of Connie Mae in a 2006 New York University speech on global warming. In the speech, Gore explains how financial instruments must be devised to encourage home builders and owners to make the relatively large up front investments that would be necessary to join the electranet and/or become carbon neutral. One such instrument is what Gore called a "Conne-Mae" mortgage.

The proposed agency drew the support of 2008 United States presidential election candidate Senator Hillary Clinton. [cite web
url=http://www.pbs.org/newshour/bb/politics/jan-june08/clintonhousing_03-27.html
title=Clinton Speech on the Economy
publisher=PBS
accessdate=2008-04-25
last=Clinton
first=Hillary
]

See also

* Fannie Mae

References

External links

* [http://www.nyu.edu/community/gore.html Transcript of the 2006 NYU speech]


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