Senate Committee Hearing: Clean Energy Finance

CGC would like to congratulate Richard Kauffman – the Chairman of Energy and Finance for New York and a close friend of the Coalition – who testified in front of the Senate Energy and Natural Resources Committee last Thursday in favor of green banks and other important mechanisms for clean energy finance. He said: “State green banks can help solve clean energy financing gaps. After all, it makes sense for states to play a role in clean energy finance: projects are local, building codes are local, and a substantial part of utility regulation is also done at the state level. However, while states can address some of the financing gaps, they cannot address them all: we need federal leadership.” The Committee leadership was very receptive to his points and we hope to see them manifested in new federal legislation clean energy deployment in the near future. Way to go, Richard!

Watch the full webcast of the hearing or download the testimonies here.

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