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… After the recession, the Rhode Island 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 … Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. The new state leadership created the RIIB. It was built by renaming and …
… 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 position. Connecticut had a long history of considering climate change in state policy. As part of this tradition, Connecticut’s governor Dannel Malloy established …
… 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 RSIP tenfold. Meanwhile, the reliance on renewable-energy credits (RECs) to satisfy the state’s renewable portfolio standard (RPS) was being predominantly met with out-of-state …
… 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 … But back in Connecticut, trouble was brewing. A contingent of leaders in the State House were calling for both a raid of the organization’s balance sheet, and a dramatic … of a slower transition? And what trade-offs existed between goals of demonstrating the performance of clean energy finance assets to the private sector, supplying as much capital …
… 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 … 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 …
… 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 …
… 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 … 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 … 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 …
… 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 … 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 … Center for Business and the Environment Areas of Focus Sustainable Finance and ESG Clean Energy Download file. … In 2014, the Connecticut Green Bank released the second edition of …
… 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 … liked the idea of an environmentally friendly automobile, they did not want to give up the performance they had come to expect from ICE-powered vehicles. Indeed, the trend in the US … 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 …
… the conference produced little concrete action and most agreed that the final three page statement did little to create mechanisms to actually help reduce the threat of climate … 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 worth having." In 2010, …