WASHINGTON—The Coalition for Green Capital (CGC) today announced the appointment of Richard Kauffman and Dr. Sue Tierney to its board of directors.
“We welcome Richard and Sue to the board as scaling up green banks at the federal level becomes part of the president and Congress’ efforts to put people to work and combat climate change,” CGC CEO Reed Hundt said. “Their deep expertise in advancing clean energy and climate finance at the state and federal level will strengthen our ability to create a better, cleaner future in the United States.”
Richard Kauffman is the chair of Generate Capital and the inaugural Chairman of Energy and Finance for New York, leading the state’s clean energy vision, including the creation of New York State’s $1 billion Green Bank, the nation’s largest. He previously served as a Senior Advisor to Energy Secretary Steven Chu and as CEO of Good Energies, Inc. a leading investor in clean energy and energy efficient technology.
Kauffman also chaired the Global Financing Group at Goldman Sachs. He was vice chairman of Morgan Stanley’s Institutional Securities business, as well as co-head of its Banking Department. He served as the chairman of the board of Levi Strauss & Co. and as board member of the Brookings Institution.
Dr. Sue Tierney is a leading energy policy analyst currently serving as senior advisor at the Analysis Group. She chairs the Board of ClimateWorks Foundation and the Board of Resources for the Future. Dr. Tierney is also a director of the World Resources Institute and the Energy Foundation.
Dr. Tierney previously served as Assistant Secretary for Policy in the United States Department of Energy under President Bill Clinton. Before then, she was Secretary of Environmental Affairs in Massachusetts, Commissioner at the Massachusetts Department of Public Utilities, Chairman of the Board of the Massachusetts Water Resources Authority and Executive Director of the Massachusetts Energy Facilities Siting Council.
In March, Dr. Tierney testified before the House Science, Space and Technology Committee on grid infrastructure investments, including thorough support for the proposed Clean Energy and Sustainability Accelerator.