skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

NY Joins Global Green Bank Network

play audio
Play

Tuesday, December 8, 2015   

ALBANY, N.Y. - The New York Green Bank will be joined by five others around the world in forming the first global Green Bank Network.

Announced Monday at the U.N. Climate Conference in Paris, the International collaboration will help channel billions of dollars of public and private investment into clean-energy markets. Douglas Sims, director of strategy and finance at the Natural Resources Defense Council, said the goal is to help direct more private capital into clean-energy projects, "partnering with private-sector banks and investors to demonstrate that clean-energy projects could be profitable, successful investments."

Formed in late 2013, he said New York Green Bank financing is helping create thousands of jobs while reducing greenhouse-gas emissions in the state by up to 886,000 metric tons.

The first green banks were established four years ago in the United Kingdom and Connecticut. According to Sims, the global network will help spread the lessons learned by early ventures.

"It stops each new green bank from having to reinvent the wheel,-" he said, "both in terms of its approach to different kinds of technologies and transaction structures, but also even things like how do you set up a green bank and how is it managed?"

The network also includes green banks in Japan, Malaysia and Australia.

The Natural Resources Defense Council and the Coalition for Green Capital were appointed to form the network. To achieve the climate goals, reduce pollution and create jobs, Sims said, they're using what they call an open-source basis.

"That means encouraging as much collaboration between the public and private-sector participants as possible to make sure that we get as much investment as possible," he said.

The network's six founding banks are expected to deploy more than $40 billion of investment into global clean-energy and energy-efficiency projects over the next five years.

More information is online at greenbankny.gov.


get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

A flooded site at the Austin Master Services toxic-waste storage facility in Martin's Ferry, Ohio. (Jill Hunkler)

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

Social Issues

play sound

Orange County's Supreme Court reversed a decision letting the city of Newburgh implement state tenant protections. The city declared a housing …

Health and Wellness

play sound

The Missouri Legislature has approved a law to stop its Medicaid program, known as MO HealthNet, from paying Planned Parenthood for medical services …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021