• NYT highlights loan program which Green Banks helped expand

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. This week’s story by Joe Gose in the NYT provides an excellent overview of Commercial Property Assessed Clean Energy (C-PACE) programs, bringing this “little-known” way to secure low-cost capital into view for a wider audience. The piece describes the features […]

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  • With long-term energy storage becoming more important to the grid, new technologies compete for investment

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. Recent weeks have included a drumbeat of news about long-term energy storage, as start-up companies seek funding for very different approaches. A few examples via Greentech Media: Closed-loop pumped hydro storage. Two artificial reservoirs, one higher and one lower, that […]

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  • CGC In the News: Jeff Schub Discusses Green Banks and the National Climate Bank Act

    With the National Climate Bank Act introduced in the Senate, interest is growing in how Green Banks can fight climate change and finance the clean energy transition. Yale Insights interviewed CGC’s Executive Director Jeff Schub where he explained how and why Green Banks can have such a great impact: Hundreds, if not thousands, of very […]

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  • “Boring” chart sends urgent message about increasing clean investment

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. In today’s column, Amy Harder at Axios highlights “the most important boring chart out there.” Here it is: The chart is “boring” in that it’s almost completely static, showing little change in the global energy mix over the course of […]

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  • Moody’s downgrades coal outlook, but more is needed to forestall climate change

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. On Wednesday, major ratings firm Moody’s Investors Service downgraded its assessment of the North American coal sector to a “negative” outlook. This has been rightly cited as a positive sign for the climate, in that it’s an indication of coal’s […]

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  • CGC applauds groundbreaking agreement to fund South African Climate Finance Facility

    Press Release: August 21, 2019. Today’s agreement between the Development Bank of Southern Africa (DBSA) and the Green Climate Fund (GCF) to establish a specialized Climate Finance Facility is a critical and exciting step in a years-long process. The agreement marks the GCF’s commitment of US$56 million to the Climate Finance Facility, which will use […]

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  • CGC in the News: Nature Letter Calls for Increased Study of Green Bank Model

    In a new letter to the editor published in Nature, CGC CEO Reed Hundt calls for further study into the Green Bank model, and advocacy from scientists and experts around the need to drive investment in clean energy infrastructure. “The introduction last month of the US National Climate Bank Act is a boost for ‘green’ […]

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  • New Research Underscores Economic Threats of Climate Change

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. What would our reaction have been during the great recession if the U.S. government did nothing to fix the economy, and even denied the financial collapse existed? Denial of an economic threat on a similar scale is happening today, with […]

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  • CGC Submits Comments to New Jersey in Support of a State Green Bank

    Press Release: August 9, 2019 The Coalition for Green Capital (CGC) today submitted written comments to the New Jersey Energy Master Plan (EMP) Committee supporting the Committee’s recommendation to create a New Jersey Green Bank. CGC’s Executive Director, Jeffrey Schub, previewed these comments in yesterday’s in-person stakeholder meeting. CGC’s comments argue that to achieve the […]

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  • HB6 in Ohio Highlights Need for New Green Investment Tools

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. At the end of July, Ohio House Bill 6 was signed into law by Republican governor Mike DeWine. While HB6 is undeniably a step backwards for renewable energy in Ohio, it shines a new light on the role of the […]

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