Green Banks Seek $12 Billion From EPA Clean Energy Finance Program

A green bank advocacy group is proposing to manage nearly half of EPA’s $27 billion clean energy finance program as a national entity, arguing such a move would leverage massive amounts of private capital to deploy various low-carbon energy projects and help achieve the Biden administration’s climate goals. Should EPA approve the Coalition of Green Capital’s (CGC) $11.9 billion application under the Greenhouse Gas Reduction Fund (GHGRF), the group could help finance projects that account for 4 percent of the...