Energy News Network today provides an excellent overview of the movement to create a National Climate Bank, and highlights the success of existing institutions in proving the power of the Green Bank Model. From the story: The national proposal would create an independent nonprofit climate bank that would be capitalized with $35 billion in federal…
As utilities’ climate goals send mixed messages, Green Banks can boost renewable power
A new in-depth story from Dan Gearino at Inside Climate News takes a critical look at the long-term emissions-reduction plans recently issued by utilities across the country. Several plans demonstrate a lack of urgency inconsistent with science-based timelines to address climate change. At the same time, stakeholders are calling for utilities to be more open…
Link Roundup: What We’re Reading in Energy News
E&E News: Study: Northeast clean energy plans inadequate to meet climate goals “New England’s six states are falling short of the low-carbon energy deployment needed to reach their shared 2050 climate goals, according to a new analysis from the Brattle Group. By midcentury, every state in New England aims to cut greenhouse gas emissions by…
Former Commissioner Rob Klee sets forth plan for low-carbon future, including $500 billion for Green Banks
In a new five-part series with the Center for Business and the Environment at Yale, former Connecticut DEEP Commissioner Rob Klee calls for the creation of a $500 billion federal green bank. The series covers a wide-ranging set of topics addressing the question: “Is there a version of this massive investment in decarbonization somewhere out…
A look across power-producing states points to the role for a Climate Bank
Decarbonizing the US economy will ultimately require all states and sectors to transition to clean energy. But looking at just a few states can show how much progress a Climate Bank could help us make against the problem. Consider the ten states that generate the most power. These states represent half of all carbon-emitting power…
Axios highlights high-stakes “political window” on climate
Today’s Axios newsletter contains a notable reminder of the stakes of the climate change debate happening today. Senate Minority leader Chuck Schumer said that a climate change bill would be “one of the first things we put on the floor” if Democrats gain the majority. Axios adds this note: Why it matters: Political windows for…