US Green Bank Act of 2019 Introduced in House; Companion to Recent Senate Bill

Coalition for Green Capital News Release


US Representatives Jim Himes (D-CT) and 13 colleagues have introduced the US Green Bank Act of 2019, companion to a recent Senate bill of the same name introduced in May. The introduction builds momentum for the Green Bank proposal and demonstrates a broad base of support. Like the Senate bill, the new bill establishes a US Green Bank. Green Banks are institutions that seek to achieve the greatest possible greenhouse gas reduction impact while reducing consumer energy costs. They achieve this by investing public dollars in ways that mobilize additional private capital. Continue reading here. 

For more information on the US Green Bank Act of 2019, see Representative Himes’ StatementSenator Murphy’s Statement on the Senate bill, and CGC’s Bill Summary. For more information on existing US Green Banks, see the American Green Bank Consortium’s Annual Industry Report.

About  CGC
The Coalition for Green Capital (CGC) is a non-profit organization focused on accelerating the growth of clean energy through the creation of Green Banks. CGC offers a unique and proven capacity as the leading creator, advocate, and expert on Green Banks since 2009 and works directly to support the formation of Green Banks with governmental and civil society partners. CGC also provides on-going consulting and guidance to operating Green Banks.