Establishes the Virginia Clean Energy Innovation Bank to finance clean energy projects.
The Virginia Clean Energy Innovation Bank is created to finance projects that reduce greenhouse gas emissions and increase renewable energy deployment. The Bank will focus on projects that create employment opportunities, especially for historically economically disadvantaged communities, and utilize domestically produced energy technologies. The Bank will consult with various stakeholders, including the Department of Environmental Quality and the Department of Conservation and Recreation, to develop its investment strategy.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.