The Virginia Clean Economy Act, narrowly passed by both chambers of the state legislature, sets one of the largest energy storage targets in the country at 2.4 GW by 2035 and pushes state regulators to devise a carbon dioxide cap and trade program that complies with the Regional Greenhouse Gas Initiative (RGGI).
Solar growth from the Virginia Clean Economy Act could create 29,500 direct solar jobs in Virginia, and tens of thousands of indirect jobs, according to a new study released today by a coalition of rooftop and shared solar companies and advocates.
The implementation plan that Arlington County expects to propose in June 2020 needs to include the creation of a green bank – a quasi-public entity established to facilitate private investment into local low-carbon, climate-resilient infrastructure.
Student-managed funds, including at universities in Connecticut and Rhode Island, are starting to invest more aggressively in renewable energy companies to hedge their portfolios and to gain from market returns.
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.
This report reviews existing and emerging low- and moderate-income (LMI) community solar programs, discusses key questions related to program design, outlines how states can leverage incentives and finance structures to lower the cost of LMI community solar, and examines marketing and outreach considerations.