• Driving Solar Adoption with More Financing, Less Subsidy

    The goal of any government’s solar policy should be to: Rapidly accelerate solar adoption in order to displace fossil fuel-based electricity; Ensure that solar is cheaper than grid power, so customers save money; and Do so at the least possible cost to taxpayers. Green Banks are aligned with these objectives. Achieving these goals requires enabling […]

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  • CGC’s Resources Page: Full of Excellent Content

    As part of the redesign of CGC’s website, we have now posted many of CGC’s work products and presentations on our new Resources Page. This includes presentations delivered at conferences, lectures delivered at universities, and full Green Bank studies produced in partnership with various state governments. We’ve also linked to excellent Green Bank materials produced […]

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  • PRESS RELEASE: Nation’s First Local Green Bank Designated in Montgomery County, MD

    Yesterday, the nation’s first local Green Bank, the Montgomery County Green Bank, was designated as the County’s official Green Bank by the Montgomery County (MD) Council. The Montgomery County Green Bank will allow residents and businesses in Montgomery County to access low-cost financing for clean energy and energy efficiency projects. In response to the official […]

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  • RI Infrastructure Bank Launches C-PACE

    Rhode Island Follows Connecticut’s Footsteps The Rhode Island Infrastructure Bank (RIIB) has officially launched the state’s C-PACE program. RIIB, Rhode Island’s Green Bank, has followed the Connecticut Green Bank’s successful model of using a centralized statewide PACE administrator. The numbers prove the success of the centralized commercial PACE administration model. Connecticut’s C-PACE program has closed $115 million in […]

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  • Reducing Transportation Emissions with Electric Vehicles, Chargers – Reed Hundt, CEO

    EVs, CAFE Standards, Gas Tax, Public Transportation The right goal for reducing the greenhouse gas (GHG) emissions in the transportation sector can be explained in a formula: (GHGs/Gas-Powered Mile) x Total Gas-Powered Miles = Total GHG. There are three ways to reduce total GHG in the transportation sector: CAFE Standards increase the gas-powered miles that come from […]

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  • Federal Policy Boosts EVs, Financing Still Needed

    Last week the White House announced an exciting new set of initiatives to accelerate electric vehicle (EV) adoption in the United States. The federal government, working in partnership with state and local governments and the private sector, will take action to increase the number of EVs on the road and, just as importantly, increase deployment […]

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  • green-bank-act-jobs

    Green Bank Act is Opportunity for States

    As we reported earlier, Rep. Chris Van Hollen has introduced the Green Bank Act of 2016 in Congress. Sen. Chris Murphy intends to introduce companion legislation later this session in the Senate. (Update 9/22/16: the Senate bill has been introduced). At the request of Sen. Murphy and Rep. Van Hollen, CGC provided advice on bill. We believe […]

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  • Clean Financing News Roundup – 7/25/2016

    Democratic Bill Would Launch $50b National Green Bank “Democratic Rep. Chris Van Hollen unveiled legislation yesterday that would set aside up to $50 billion for a national green bank, buffing his environmental credentials in the race for Maryland’s open Senate seat. Van Hollen’s H.R. 5802, the “United States Green Bank Act of 2016,” would provide […]

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  • PRESS RELEASE: New Congressional legislation would create a National Green Bank

    FOR IMMEDIATE RELEASE: 7/20/2016 WASHINGTON, DC: Rep. Chris Van Hollen (D-MD) has introduced H.R. 5802, the United States Green Bank Act of 2016, which establishes a National Green Bank to provide financing to regional, state, and local Green Banks. Seven Democratic representatives are co-sponsoring the bill: Earl Blumenauer (OR), Matt Cartwright (PA), Gerry Connolly (VA), […]

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  • New CGC White Paper on Green Bank Best Practices

    The Coalition for Green Capital is excited to provide the latest and greatest thinking on the Green Bank concept in its new Green Bank White Paper! The concept of a Green Bank—a financing institution that leverages private capital into clean energy projects—has been around for a while. The Coalition for Green Capital (CGC) has been […]

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