… 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 … across 17 projects in 6 municipalities. It accomplished this by publicizing a widely-distributed RFP. All of these projects are net cash flow-positive, meaning they generate … over a year of operation, the EBF has yielded action recommendations that decision makers can use to refine and iterate the program. The EBF is an innovative structure to lower …
… laws promoting the use of alternative fuels in gasoline, beginning with ethanol from sugarcane. This meant that the national oil company PEMEX had to find ways to implement this … 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 … struggling agricultural sector. Finally, PEMEX would soon face competition due to new energy reforms that promised to introduce private sector competition to PEMEX, including at …
… 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 … Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can issue bonds for any mix of public and/or private projects. In contrast, under the …
… 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 … in Connecticut and supplied about 15% of the power required for the New England regional grid. The operating licenses for the two reactors were set to expire in 2035 and 2045, …
… 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 … 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 … stand-alone transactions. 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, …
… 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 … for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way that incentivizes owner investment. Financial institutions are … plays an important role. 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 …
… taken off in the international market. An invisible component of many products, palm oil can be found in cookies, in chocolates, in soaps, in shampoos, and even in biofuel. This … By 2009, the expansion of GAR and other companies had made Indonesia the world’s leading exporter of crude palm oil. The palm oil boom, however, concerned environmentalists. … bowed to the demands of Greenpeace and dropped GAR as a supplier. Unilever had already canceled its contracts with GAR, and Burger King followed suit. GAR initially responded to …
… Throughout the world, Cummins Inc. meant diesels. The company designed, manufactured, distributed, and serviced diesel and natural gas engines, for transportation, construction, … operated worldwide under a formal Mission Statement: "We will demand that everything we do leads to a cleaner, healthier and safer environment." The mission statement had led to a … China Throughout the world, Cummins Inc. meant diesels. The company designed, manufactured, distributed, and serviced diesel and natural gas engines, for transportation, construction, …
… from further destruction. One year later the situation appeared to have reversed. Leading figures in the government of Indonesia were calling upon the companies to withdraw … crude palm oil (CPO) became the most highly traded edible oil. The palm oil boom had significant impact on economic development in rural Indonesia. Forty percent of Indonesia’s palm … Finance and ESG Circularity Thriving Food Systems and Nature Based Solutions Palm Oil 2016 … Palm Oil 2016 In 2014, the four largest palm oil trading companies signed an …
… 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. … 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 being … of the SHREC. This bill passed with support from a range of stakeholders including the leadership of the Governor of Connecticut and, in general, bipartisan support from the …