financing
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If progressives want a Clean Energy Bank, they need better economics
One of the most excellent pieces of the climate bill now awaiting defenestration at the hands Senate Blue Dogs is its creation of a Clean Energy Bank that would help finance nascent clean energy projects. More specifically, it is “an autonomous Clean Energy Deployment Administration (CEDA) within the Energy Department” that would “provide a suite […]
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JP Morgan Chase CEO Jamie Dimon: Time to walk the talk on coal
This post is co-written by Mark Kresowik, Corporate Responsibility Representative for the Sierra Club Beyond Coal Campaign. JPMorgan Chase CEO Jamie Dimon professes profound concern for our future. He has made numerous statements about how his company supports strong action on global warming. He waxes eloquent about how JP Morgan Chase is committed to investments […]
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Nuclear plans hurting power companies’ credit ratings
Power companies pursuing construction of new nuclear plants may find it harder to get credit — meaning ratepayers could end up shouldering a greater financial burden for the costly and environmentally harmful projects. Moody’s Investors Service, a leading independent credit rating firm, recently released a report that says it’s considering taking a “more negative view” […]
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Tracking property tax financing programs for renewable and energy efficiency investments
Berkeley’s program for leveraging property taxes to help homeowners finance investments in solar and energy efficiency is taking off–San Francisco was the latest to announce a new program. To date, 11 states (and counting) have enacted enabling legislation allowing local municipalities to follow suit. Which ones? The good folks at the Interstate Renewable Energy Council […]
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Autos, smart grid and clean tech: DOE turns on the money
Last week the Department of Energy released part of the $25 billion in loans provided for through the Advanced Technology Vehicles Manufacturing Loan Program, included in Section 136 of the Energy Independence and Security Act of 2007. The delay in releasing these funds had been one of the longest running scandals in clean tech policy. […]
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Pinko bastion spawns capitalist solution to solar financing
Berkeley is Fox News’ nightmare. The city’s political spectrum runs from center left to left of Lenin. Malcolm X not only has an elementary school named after him but his birthday is a public holiday. The best pizza in town comes from a workers’ collective (veggie only) located across the street from Alice Waters’ Chez […]
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Myth: Climate policy must be simple
Among the weird memes that has grown up around the cap-and-trade debate, one of the most puzzling to me is that C&T is fatally flawed because it is complex. Americans don’t “get it.” They’ll only support a climate policy that is so “simple and transparent” that you can explain it on a napkin. (Like a […]
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Newsom says San Francisco will adopt Berkeley green financing model
San Francisco mayor Gavin Newsom said something that caught my ear: San Francisco is going to adopt Berkeley’s innovative financing program to fund not only rooftop solar (as Berkeley does) but other distributed generation and energy efficiency projects. That is excellent stuff. Hopefully SF can pull it off successfully and influence other cities to follow […]