The idea of a National Climate Bank is catching on in Congress, and it could infuse billions of dollars into efforts to eliminate the US’s planet-heating carbon emissions. A handful of Congressional proposals have been made over the past year calling for the government to start investing in technology upgrades and inventions that would cut down on greenhouse gases. Funds from the National Climate Bank would ideally lower the financial risks associated with green innovation — encouraging private investors to throw more money into the pot, without shifting costs to consumers. The hope is that the bank can tackle everything from building up the infrastructure for electric vehicles and solar power storage, to making communities more resilient to the effects of climate change.
Search website. Enter your search term above.
Democrats on the House Energy and Commerce Committee on Tuesday unveiled a draft of their new climate plan, which aims for the U.S. to achieve net-zero greenhouse gas pollution by 2050.
Top House Democrats are teeing up a sweeping climate bill that aims to be an alternative to the Green New Deal.
Key House Democrats are proposing a 2050 deadline to eliminate the country’s climate-warming emissions — a goal more ambitious than seen in past proposals from Democratic leadership in Congress but one that still falls short of calls from Rep. Alexandria Ocasio-Cortez (D-N.Y.) and others who support the Green New Deal.