… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of legislation 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 RSIP. The …
… In 2014, the Connecticut Green Bank released the second edition of its CT Solar Lease program in an attempt to create an accessible financing solution for independent local contractors to support the rising demand for residential and commercial solar systems. This case study focuses on the residential side of the solar-lease program. … the lessons learned from implementation challenges. Sustainable Finance and ESG Clean Energy CT Solar Lease 2 … CT Solar Lease 2 In 2014, the Connecticut Green Bank released the …
… that strategy – nuclear power plants. There were strong proponents and opponents of nuclear energy on the GC3 and Garcia was weighing each side’s arguments before announcing his own … the GC3 on Earth Day 2015 to examine the effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had … nonprofits. The GC3 recommendations would have to take into account Connecticut’s changing energy profile. Between 1996 and 2015, natural gas largely replaced the dirtier fossil fuels …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond (QECB) program in … goals. When evaluating how to use Virginia’s QECB allocation, decision makers considered the increased flexibility of Green Community Programs (GCPs) relative to traditional …
… Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance into the state market. This case study describes how this bank set up the … Portfolio Standard and a Systems Benefit Charge, which it leverages to support clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. …
… focus has shifted to retrofits and upgrades to existing building stock. This would both reduce the amount of greenhouse gases that these buildings emit and reduce their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have … The EUA is a deal structure modeled on property-assessed clean energy (PACE) in the United States. It allows loans for building upgrades to be paid back via a surcharge on local …
… Climate Change Conference in Copenhagen would finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little … as the cornerstone of its long-term business strategy, but the firm was also investing in energy-conscious real estate and private equity to continue its goal of "creating wealth … as the cornerstone of its long-term business strategy, but the firm was also investing in energy-conscious real estate and private equity to continue its goal of "creating wealth …
… movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … interest rate buy-downs, subordinated debt, or warehousing facilities, the Green Bank lowered the cost of capital for consumers and businesses to install energy efficiency upgrades and renewable technology. It supported the banking industry in …
… into Mexico's gasoline supply. As Mexican policy makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel … as for rum. Ethanol had become a major gasoline component in other countries. In the United States, ethanol from corn made up as much as 8% of the vehicle fuel blend at the pump, the … station pumps. Brazil had gone even further, requiring vehicles to be "flex-fuel," engineered to run on either a gasoline-ethanol blend or pure ethanol. In 2008, ethanol from …
… powertrain that did not use fossil fuels. For GM, the search for a new powertrain required a substantial change in mindset, since the ICE had been a mainstay of the automotive … they did not want to give up the performance they had come to expect from ICE-powered vehicles. Indeed, the trend in the US during the 1990s had been to ever larger and less … would bring their greenhouse gas emissions back to 1990 levels within 15 years. The United States had signed the agreement, but most observers believed that the agreement would not be …