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Every year, Earth Day serves as an important reminder that we all must work together to care for our environment.
With unpredictable and extreme weather patterns, dangerous storms, warming temperatures and rising ocean levels, we are reminded daily of the climate crisis. Climate change is real, and we need to get serious about creating a sustainable, green future.
That's why last week, I introduced the National Green Bank Act to create an easier path to financing green energy and infrastructure projects.
To be fully committed to the kind of innovation necessary for a green energy future, capital must be available to fund smart, clean investments. Green banks make funding possible for a sustainable future. Local green banks would be able to make financing available for energy efficiency, solar, wind, geothermal, biomass, hydropower, fuel cell, alternative fuel vehicles, infrastructure projects and more.
In Connecticut, the Green Bank has mobilized nearly $2 billion of investment into Connecticut’s clean energy economy, created 23,000 jobs and reduced the energy burden on over 55,000 families and businesses. In addition, it has generated nearly $100 million in income and corporate and sales tax revenue to the state. The National Green Bank Act will allow us to recreate that success on a broader scale nationally.
Steps like these can mitigate climate change and support greener, cleaner infrastructure projects.
This week, I hope you'll join me in signing up for an event or finding local events to celebrate Earth Day. Change starts with action and we must all be a part of that change to combat climate change, support emerging green technologies and protect our environment.
We can preserve our beautiful planet for future generations by working together to protect our environment and moving toward clean energy solutions. We have to act now to create a sustainable future.
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