Elizabeth Esty

Murphy and Esty Want $10 Billion for 'National Green Bank'

Based on a successful energy financing model that was first implemented in Connecticut, Rep. Elizabeth Esty and Sen. Chris Murphy are leading renewed calls for the creation of a National Green Bank.

Similar legislation has been introduced by Democrats in past years, but Esty said there's a new urgency to boost clean energy jobs after President Donald Trump withdrew the U.S. from the Paris agreement on climate change, damaging the nation's standing as a leader in the industry.

The National Green Bank would lend to state and local green banks, which leverage public funds to attract private money for energy projects. The goal of the banks is to make energy efficiency and...

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