• RMI reports sound the alarm on stranded asset risk for new gas power

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. When it comes to the addition of new power generation, renewables have been rapidly gaining ground on fossil fuels. EIA has reported that wind and solar account for 64% of new planned capacity additions in 2019. This is a positive […]

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  • CGC in the News: Democratic candidates are building momentum for a National Climate Bank

    In an op-ed in The Hill, Coalition for Green Capital CEO Reed Hundt describes the momentum building towards a National Climate Bank, arising from the latest climate change plans issued by the Democratic presidential candidates. The piece cites a new report from CGC finding that with $35 billion in initial capitalization, a National Climate Bank […]

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  • CGC Submits Comments, Announces Green Bank Exploration in North Carolina

    Press Release: Sept. 9, 2019. The Coalition for Green Capital (CGC) today submitted comments to North Carolina’s draft Clean Energy Plan in support of the establishment of a North Carolina Clean Energy Fund, and announced a partnership with the Nicholas Institute for Environmental Policy Solutions at Duke University to explore the creation and design of […]

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  • CGC Report Finds National Climate Bank Could Mobilize $1T for Clean Energy

    Press Release: Sept. 5, 2019. The Coalition for Green Capital (CGC) today released a new white paper illustrating how a National Climate Bank capitalized with just $35 billion could mobilize up to $1 trillion in total public and private investment. These investments could rapidly and cost-effectively accelerate the clean energy transition by providing financing to […]

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  • 2020 candidates warm up to Green Banks: a look at their latest climate plans

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. Ahead of CNN’s series of climate change town halls, the 2020 Democratic presidential candidates have been busy updating their climate change plans and proposals. The plans are wide-ranging, touching on labor, agriculture, environmental justice, research and development, national security, and […]

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  • CGC in the News: DOE Loan Program Could Benefit Green Banks

    A recent story by Jackie Toth in Morning Consult explores ways that Green Banks could benefit from proposed modifications to a loan guarantee program currently available through the Department of Energy. A bill, reintroduced by Sen. Lisa Murkowski, would specify that “state-based lenders” (which would include Green Banks) would have access to the loan guarantee […]

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  • New Polling: Widespread Support for National Climate Bank

    This post originally appeared on the site of CGC’s campaign for a federal Green Bank. Results from a new poll of eligible voters has found that a majority of all voters support the National Climate Bank, including majorities of Democrats and Independents, as well as a plurality of Republicans. The poll also found that voters […]

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  • 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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