SUN JOURNAL • November 22, 2020
Climate change poses a significant risk to Maine’s economy and financial position. We finally see leadership at the federal level on combating climate change with President-elect Joe Biden’s Clean Energy Jobs Plan. The House has passed the Clean Energy and Sustainability Accelerator that would provide $20 billion in funding to state and local green banks across the country. Vice President-elect Kamala Harris co-sponsored partner legislation in the Senate. These funds are loaned to renewable power, building efficiency, grid infrastructure, industrial decarbonization, clean transportation, reforestation and climate-resilient infrastructure. Because the dollars are repaid, they can be recycled to make additional investments in the future. ~ Henry E.M. Beck, Maine’s state treasurer