Utilities like Duke Energy and Xcel Energy have issued billions in green bonds to fund renewables development. Green banks in New York, Connecticut and other states are backing investments in distributed resources and energy efficiency. It appears much more institutional money wants in on the green opportunity.
New York State Energy Research and Development Authority's (NYSERDA) Market Acceleration Bridge Incentive Program for energy storage is getting a record amount of participants, NYSERDA CEO Alicia Barton announced at the Energy Storage North America conference on Thursday.
New York's electric system "stands at the cusp of the next evolution," according to a report from the state's grid operator, but without additional transmission capacity the state's decarbonization efforts could face headwinds.
The Green New Deal that some Democrats are now championing is unlike anything this country has ever done before. But scientists have been studying policies like these for decades. And their research can tell us a bit about what might happen if we pass this sweeping new vision for climate action and economic equality.
The Green New Deal means different things to different people. In some ways, that’s part of its appeal. On the other hand, a Green New Deal can’t mean anything anyone wants it to, or it will come to mean nothing at all.