Two-in-Three Voters Favor Creating National Green Bank

Abstract

In a new in-depth survey, two-thirds of registered voters favored legislation calling for the federal government to create a national green bank to invest in and promote private investment in clean energy. Green banks are public, non-profit banks and currently exist at state and local levels.

The legislative proposal respondents evaluated is called the National Climate Bank Act, which would create a national bank with $35 billion of seed money, to support existing green banks, help to create new ones in US cities and states, and invest directly in clean energy projects.

The basis of the legislative proposals were two bills in the 116th Congress (National Green Bank Act and National Climate Bank Act). The National Climate Bank Act has been resubmitted in the 117th Congress and is earmarked at a higher level of funding.