Gina Raimondo on Energy & Oil

First state to be 100% renewable energy by end of decade

Green energy means jobs

Make R.I. a model for climate change preparedness

Fortunately, our state has already made great strides. Between regional initiatives designed to limit emissions, and state programs that help businesses and homeowners upgrade to energy-efficient technologies, we are already a national leader in energy policy. But there is room for growth: we have an opportunity to ramp up our efforts to mitigate climate change & adapt to its impact, while simultaneously making Rhode Island a model when it comes to renewable energy usage & climate change preparedness.

Create state "Green Bank" for clean energy financing

In order to maximize its impact, the Green Bank will:
• Be established as a quasi-public corporation;
• Have its own budget outside of the budget of the state, to allow for greater flexibility and autonomy;
• Enable private investment in RI's growing clean energy economy by implementing innovative financing solutions and partnerships with private sector partners;
• House an Adaptation and Resiliency Revolving Fund to help finance measures that will enable our state and its municipalities to adapt to the impact of climate change;
• Consolidate existing sources of funding under one roof;
• Be authorized to issue bonds;
• Have strong transparency and accountability standards.