Clean Energy Bank
Encyclopedia
Clean Energy Bank also called Clean Energy Investment Bank, is a proposed federal government corporation of the United States to assist in the financing, and facilitate the commercial use, of renewable energy
and energy efficiency
technologies within the United States.
The CEB could be created through the enactment of Senate bill S. 3233, the 21st Century Energy Technology Deployment Act authored by Senator Jeff Bingaman, with a companion introduced by Representatives Jay Inslee
and Steve Israel
and S. 2730, the Clean Energy Investment Bank Act of 2008 authored by Senator Pete Domenici. These two bills received bipartisan support and have been endorsed by the US Chamber of Commerce, Google.org
and the Solar Energy Industry Association (SEIA).
During the Energy and Commerce Committee consideration of H.R. 2454, the American Clean Energy and Security Act of 2009, Representatives Dingell and Inslee offered the text of the 21st Century Energy Technology Deployment Act as an amendment which won bipartisan support and was included in the bill that passed on the floor of the U.S. House of Representatives on June 26, 2009 . If passed by the Senate, the CEB would become law to deploy new clean energy projects.
Finally U.S. Congressman Chris Van Hollen
in March 2009 introduced the Green Bank Act of 2009. If passed, the legislation would create the Green Bank as an independent, tax-exempt, wholly owned corporation of the United States. The Bank's mandate would be to provide a range of financing support to qualified renewable energy and energy efficiency projects within the territorial United States.
(CGC) is a consortium of energy industry leaders including renewable resource developers, original equipment manufacturers, investors, financial advisors and consultants dedicated to unleashing a new era of private investment in the green energy for clean and sustainable energy and jobs, and economic development.
Renewable energy
Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...
and energy efficiency
Efficient energy use
Efficient energy use, sometimes simply called energy efficiency, is the goal of efforts to reduce the amount of energy required to provide products and services. For example, insulating a home allows a building to use less heating and cooling energy to achieve and maintain a comfortable temperature...
technologies within the United States.
The CEB could be created through the enactment of Senate bill S. 3233, the 21st Century Energy Technology Deployment Act authored by Senator Jeff Bingaman, with a companion introduced by Representatives Jay Inslee
Jay Inslee
Jay Robert Inslee is the U.S. Representative for , serving since 1999. He is a member of the Democratic Party. The district includes many of Seattle's northern suburbs in King, Snohomish, and Kitsap counties...
and Steve Israel
Steve Israel
Steve J. Israel is the U.S. Representative for , serving since 2001. He is a member of the Democratic Party. The district is located on Long Island and includes the towns of Huntington, Babylon, Islip, and Smithtown in Suffolk County, part of the town of Oyster Bay in Nassau County, and the...
and S. 2730, the Clean Energy Investment Bank Act of 2008 authored by Senator Pete Domenici. These two bills received bipartisan support and have been endorsed by the US Chamber of Commerce, Google.org
Google.org
Google.org is the charitable arm of Internet search engine company Google.The organization has committed over $100 million in investments and grants as of May 2010. To fund the organization, Google granted them 3 million shares during their initial public offering. As of August 2011, Google.org's 3...
and the Solar Energy Industry Association (SEIA).
During the Energy and Commerce Committee consideration of H.R. 2454, the American Clean Energy and Security Act of 2009, Representatives Dingell and Inslee offered the text of the 21st Century Energy Technology Deployment Act as an amendment which won bipartisan support and was included in the bill that passed on the floor of the U.S. House of Representatives on June 26, 2009 . If passed by the Senate, the CEB would become law to deploy new clean energy projects.
Finally U.S. Congressman Chris Van Hollen
Chris Van Hollen
Christopher "Chris" Van Hollen, Jr. is the U.S. Representative for , serving since 2003. He is a member of the Democratic Party...
in March 2009 introduced the Green Bank Act of 2009. If passed, the legislation would create the Green Bank as an independent, tax-exempt, wholly owned corporation of the United States. The Bank's mandate would be to provide a range of financing support to qualified renewable energy and energy efficiency projects within the territorial United States.
Coalition for Green Capital
The Coalition for Green CapitalCoalition for Green Capital
The Coalition for Green Capital is a non-governmental organization founded by CEO Reed Hundt. The CGC works to advocate tax and finance policies that support long-term investment in energy efficiency and clean energy...
(CGC) is a consortium of energy industry leaders including renewable resource developers, original equipment manufacturers, investors, financial advisors and consultants dedicated to unleashing a new era of private investment in the green energy for clean and sustainable energy and jobs, and economic development.
See also
- Chris Van HollenChris Van HollenChristopher "Chris" Van Hollen, Jr. is the U.S. Representative for , serving since 2003. He is a member of the Democratic Party...
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