Green Banks get the Green Light Under The Inflation Reduction Act

The Inflation Reduction Act of 2022 includes up to $370 billion in spending towards green technologies and industries aimed at reversing climate change, and the creation of a national Green Bank. That could ignite a boom in the green banking industry that has been around for over a decade, but has yet to go mainstream. Reed Hundt, the co-founder and CEO of the Coalition for Green Capital, and former chair of the FCC, joins the show to unpack the opportunity for green banks if the bill passes. LINKS FOR SHOW NOTES www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf https://www.munichre.com/topics-online/en/climate-change-and-natural-disasters.html#continueReading www.iea.org/news/global-coal-demand-is-set-to-return-to-its-all-time-high-in-2022 https://sustainability.aboutamazon.com/2021-sustainability-report.pdf https://coalitionforgreencapital.com/team-member/reed-hundt/ https://s10294.pcdn.co/wp-content/uploads/2019/10/SB535.pdf www.fgr.co.uk/ Learn more about your ad choices. Visit podcastchoices.com/adchoices