… 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 … expertise and decades of weather-related data to estimate the frequency of major weather events. It was widely acknowledged that climate change was likely to increase the frequency of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, …
… 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 … gas emissions were contributing to global warming. Over the next 11 years, the panel - formally convened as the United Nations Intergovernmental Panel on Climate Change - issued … more climate change assessment reports, pointing to human activity as the primary reason for the increase in greenhouse gases and the rise of global temperatures. The IPCC's …
… 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 … more efficient diesel engines on the U.S. market. Meanwhile, international efforts to prevent global warming had accelerated. A series of UN-sponsored conferences, bringing … more efficient diesel engines on the U.S. market. Meanwhile, international efforts to prevent global warming had accelerated. A series of UN-sponsored conferences, bringing …
… 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 … 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 … 2050. The GC3 had been tasked to develop interim statewide greenhouse gas reduction targets for years between 2020 and 2050 and identify short- and long-term statewide strategies to …
… 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 … makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel would meet a number of the country’s needs. First, it could help extend the country’s supply of crude oil. The country's demand for gasoline was growing, but the production of crude oil from the country's shallow-water …
… 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 … with the right loans, they have failed to penetrate the market to the expected degree. Misalignment of incentives and perceived project risk are responsible for this … Financial institutions are reluctant to lend when any claim that they might make in the event of a default is junior to the property mortgage holder. This is why the Environmental …
… 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 … 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 offering standardized products for consumers, and derisked larger stand-alone transactions. But back in Connecticut, …
… 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 energy efficiency … (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 traditional …
… 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 … Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded RSIP. The design of the RSIP was more effective than it was set out to do. … its 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 …
… (CI) and Hewlett-Packard (HPQ), which had collaborated on building a software platform named the Wildlife Management Analytics system or WMA, were looking for a way to market the product. The WMA, which made camera trap data on biodiversity easier … of important questions in trying to implement their plan. How should CI determine pricing for the software while advancing its objectives as a nonprofit organization? How did this …