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… on Climate Change (GC3), a group charged with creating a comprehensive climate strategy for the State of Connecticut. As of September 2016, Garcia remained undecided about a key element of 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 …
… 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 … Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. The new state leadership created the RIIB. It was built by renaming and restructuring … a number of financial-assistance programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take … 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 failed to …
… finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little concrete action and most agreed that the final … the growth of the overall market. The Kyoto Protocol was set to expire in 2012 and no one knew what system would replace the current framework. Firms such as the CCC had … 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 …
… 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 structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … industry in offering standardized products for consumers, and derisked larger stand-alone transactions. But back in Connecticut, trouble was brewing. A contingent of leaders …
… oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … 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 … to produce ethanol for fuel as well 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 …
… hail insurance, the most common policy in agriculture. In years when crops were damaged before they could be harvested and sold, crop insurance provided resources that allowed … of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, Santam was preparing for the effect of climate change on crops. The company was … of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, Santam was preparing for the effect of climate change on crops. The company was …
… to the greenhouse effect was underway and could have potentially devastating consequences for the ecology of the planet. Since automobiles were a substantial contributor of CO2 to … The wide-ranging discussions within GM had led to an ambitious program to improve the efficiency of internal combustion engines (ICE) and to seek an alternative powertrain that … mindset, since the ICE had been a mainstay of the automotive industry for over 80 years. Nonetheless over the next decade, GM spent billions of dollars experimenting and building …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond (QECB) program in 2017 as part of its tax reform package, states like Virginia leveraged this program to accomplish energyefficiency goals. When evaluating how to use Virginia’s QECB allocation, decision makers …
… 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. … goals eight years ahead of schedule and far below the anticipated budget. And therefore, one of Governor Malloy’s gubernatorial campaign promises in 2015 was to increase the RSIP …