Green Innovations

Developing renewable and clean technology companies in New York

Monday, November 2, 2009

Emerging clean tech public finance models: After the recesssion, now what?

The recession is officially over.  So, what's going on with clean tech investment?  A new report from Clean Edge and Green America looks at the foundations of the industry -- technology, capital and policy -- and how they are expected to drive the market.  The report cautions that even with large investments being made through the stimulus act, the U.S. faces the threat of falling behind in the race to capture its share of the clean tech market.  The report calls for new instruments to provide capital for rapid expansion of clean tech businesses, and offers up five models:
  • Clean Energy Deployment Administration (CEDA), aka "The Green Bank"
  • Clean-Energy Victory Bonds
  • Tax-Credit Bonds
  • Federal Loan Guarantees
  • Clean-Tech City Funds
Download the full report at:

In Upstate NY, Onondaga County has introduced a Green Building PILOT credit that is worth exploring.  The program links an incentive schedule to USGBC certification, increasing benefits with silver, gold or platinum certification.  Read details at: