… the prestigious Ash award in policy innovation, the "Nobel of policy," upon the Connecticut Green Bank for its role in "sparking the green bank movement." The Green Bank used financial … cost of capital for consumers and businesses to install energy efficiency upgrades and renewable technology. It supported the banking industry in offering standardized products for … cost of capital for consumers and businesses to install energy efficiency upgrades and renewable technology. It supported the banking industry in offering standardized products for …
… Bryan Garcia, the President and CEO of the Connecticut Green Bank, had a big decision to make. Garcia is a member of the Governor’s Council on … effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas … Connecticut’s energy needs. The nuclear power all came from a massive plant situated near New London, CT called Millstone. The facility included two reactors that produced almost …
… operations. In the energy area, the company was hoping to receive 50% of its energy from renewable sources by 2015, even in a period of rapid growth, increasing its square footage in … The success of the EVM wind farm had ignited Manuel Gómez Peña’s thinking about further renewable energy projects. Gómez, Walmart de México’s Director of Sustainability, was … to participate in and benefit from other projects. Gómez was also considering the mix of renewable energy sources. In addition to wind, solar and mini-hydroelectric projects were …
… Responding to findings by scientists that linked palm oil plantations to deforestation, Greenpeace, a global environmental NGO, began campaigning in 2005 to save the Indonesian … guidelines for operating the company without contributing to deforestation. When GAR’s new guidelines were announced in 2011, many observers, including Greenpeace, hailed the commitments as setting a new standard in sustainable palm oil production. Besides committing not to plant on any land …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to … Sealed entered the loan agreement to find a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help …
… Mexico meet its ambitious goals addressing climate change. Third, biofuels could provide a new market for Mexico's struggling agricultural sector. Finally, PEMEX would soon face competition due to new energy reforms that promised to introduce private sector competition to PEMEX, including … fuel station. The ability to add Mexican-produced ethanol could be a selling point in a new competitive world. The introduction of ethanol seemed a logical choice. Mexico already …
… Fund (EBF) and is iteratively improving it. This bank, which combines the features of a green bank and an infrastructure bank, was developed under new political leadership. The recently-elected state treasurer, Seth Magaziner, proposed the EBF to Gina Raimondo, the new state governor. The state already possessed a Renewable Portfolio Standard and a Systems …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the … that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded … campaign promises in 2015 was to increase the RSIP tenfold. Meanwhile, the reliance on renewable-energy credits (RECs) to satisfy the state’s renewable portfolio standard (RPS) was …
… Palm oil is everywhere. Not only is it in the news, it is also an ingredient in roughly half of the products we buy. However, it is not … role in driving global climate change , with deforestation accounting for 20% of global greenhouse gas emissions. Much of the deforestation related to palm oil has occurred with … has altered habitats and biodiversity , challenged contested land rights , brought new economic forces to bear, and driven new soil , air , and water pollution and health …
… has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be replaced, the rigorous standards developed in recent years for new buildings do not address much of the existing carbon emissions. In the face of the long … for these buildings to be replaced, the rigorous standards developed in recent years for new buildings do not address much of the existing carbon emissions. In the face of the long …