National Clean Energy and Sustainability Accelerator bills introduced in House and Senate

BY Jean Haggerty, — 02/08/2021

PV Magazine released an article on Accelerators seeking investment and procurements in areas such as renewables, storage, transportation, transmission, resiliency, efficiency, reforestation, agriculture, and industrial de-carbonization. The expectation is that the Accelerator will be pulled into a larger bill, most likely an infrastructure and climate package and make up a significant piece of President Biden’s goal of $2 trillion in infrastructure spending.

The article can be found here.

Here is an excerpt that features SELF:

For years, state green banks in New YorkConnecticutMichigan and elsewhere have used a model that pairs each public dollar with multiple private dollars to expand clean energy’s reach. Several local funds, including Florida’s Solar and Energy Loan Fund, also exist.

“During the last decade, the green bank model has proven to have an outsized impact in states, creating good-paying jobs and decarbonizing the economy,” said Reed Hundt, CEO of the Coalition for Green Capital said. He expressed confidence that the Accelerator can be passed by both chambers and signed by President Biden this year.

The article can be found here.

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