These policy memos were completed as part of the Yale Center for Business and the Environment’s online Financing and Deploying Clean Energy certificate program, which trains and connects rising leaders to catalyze the transition to a clean economy. The application for the certificate’s 2020-2021 cohort is now open. Learn more and apply here by March 1, 2020.
We invite policy-makers and stakeholders to consider the ideas in these memos and respond. Views expressed in the memos are the authors’ own and do not necessarily reflect the positions of their employers.
North Carolina has the potential to be a leader in offshore wind development, and the governor’s guidance can help jumpstart the industry. As a new market, however, the industry needs a stronger signal of interest. An executive order setting a goal for offshore wind development will show the wind industry that North Carolina intends to significantly invest in the sector.
Michigan can unlock energy-saving upgrades for homeowners by passing residential property assessed clean energy legislation. The legislation should guarantee energy savings and protect consumers by including a method for determining eligible energy-saving measures; restrictions to R-PACE financing amounts and underwriting criteria; and robust consumer protection provisions.
Pennsylvania Governor Tom Wolf proposed Regional Greenhouse Gas Initiative (RGGI) legislation in the fall 2019 legislative season. By voting to join RGGI, Pennsylvania can reduce electricity rates, improve the state and regional economy, and make the state a leader in the global effort to combat climate change.
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.
To capture the energy efficiency opportunity across the U.S. economy, the House Energy and Commerce Committee should introduce a bill to establish a national energy benchmarking standard for commercial buildings. Building on the success of local ordinances, the proposed bill would create a national requirement while giving state and local governments the option to maintain more aggressive requirements if they desire.