The IPCC climate report issued this week is tough reading. It suggests we are far from deploying clean energy technologies at the scale needed to reduce greenhouse gas emissions in time to avoid catastrophic impacts. The bottom line is that we need to make much greater financial investment to massively deploy no-carbon technologies in the next few decades. If there is any good news on promising approaches to solve these climate problems, it’s worth a note. Regarding the need for significantly more financial investment in clean energy, Clean Energy Group, Brookings Institution Metropolitan Policy Program, and the Council of Development Finance Agencies just released a new paper on a powerful but underutilized tool for future clean energy investment: state and local bond finance. The report, "Clean Energy Finance through the Bond Market: A New Option for Progress,” can be downloaded here. For 100 years, the nation’s state and local infrastructure finance agencies have issued trilli... Read the Full Post »