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 trend, but a pair of new reports from the Rocky Mountain Institute (RMI) shine a…
Op-ed: 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…
Takeaways from this week’s CNN Climate Crisis Town Halls
Anticipation was high for this week’s CNN Climate Crisis Town Halls for the top ten Democratic presidential candidates, and Green Banks saw a surge of attention in the detailed plans released beforehand by candidates. The town hall events themselves yielded some interesting takeaways that point to the future of Democrats’ plans for climate action. Grassroots…
2020 candidates warm up to Green Banks: a look at their latest climate plans
Updated January 2020 to reflect the release of Elizabeth Warren’s Green Jobs Plan. 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 more. They…
Link Roundup: What We’re Reading in Energy News
Reuters: US presidential Candidate Booker Proposes $3 Trillion Climate Change Plan “U.S. presidential hopeful Cory Booker unveiled a $3 trillion plan to address climate change on Tuesday, vowing to reach a 100% clean energy economy by 2045 by sharply curbing fossil fuels while investing heavily in renewable energy sources.” Utility Dive: North Carolina calls on…
New Polling: Widespread Support for National Climate 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 would be more likely to support a candidate that supports the National Climate Bank, with…