Coalition for Green Capital
The Coalition for Green Capital (CGC) is a non-governmental organization founded by CEO Reed Hundt. CGC works to advocate finance and tax policies that support long-term investment in energy efficiency and clean energy. CGC works on the international, national, and state level, and has had a role in the creation of many Green Banks.
The group is an outgrowth of Reed Hundt and Kenneth Berlin's efforts with the Obama/Biden Transition Team to promote financing for clean energy and energy efficiency. The CGC was involved in the drafting of Rep. Chris Van Hollen's "Green Bank Act of 2009" which was included in the "Waxman-Markey" bill that ultimately failed to pass in the 111th United States Congress.  After the failure of the "Waxman-Markey" bill, CGC focused its efforts on state-level legislation. The CGC was involved in the drafting and passing of legislation establishing the Connecticut Green Bank, formerly known as Connecticut's Clean Energy Finance and Investment Authority (CEFIA). The Connecticut Green Bank, like other Green Banks across the world, uses public capital to leverage private investment in clean energy projects to facilitate a faster transition to a clean energy economy.
- Mark Muro, , The New Republic, June 28, 2011
- Gloria Gonzalez, , Environmental Finance, June 9, 2011
- Cutting the Cost of Clean Energy, , The Center for American Progress
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