As the country looks for new sources of clean energy finance while Congress remains paralyzed, we might have missed the most obvious funders that have been right under our noses for years. They are the public infrastructure finance agencies all over America that know how to raise capital at the scale needed in this sector. In turn, Congress and the Administration should look to new policies to support this emerging, state-based infrastructure financing trend. Hundreds of billions of dollars are needed scale up renewable energy, energy efficiency and clean energy manufacturing support. To fill this gap, some are looking to the states, regions and localities, a return to federalism as an investment strategy. Federal gridlock reminds us again that states have been the clean energy innovators. State funds have raised and leveraged over $12 billion in clean energy investment in the last decade. And clean energy policy at the state level has been done on a relatively bipartisan basis, unli... Read the Full Post »