亚洲网紅露点

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green bank

[ green bangk ]

noun

  1. a public, semipublic, or nonprofit financing organization that is dedicated to investing in projects intended to help the environment, such as renewable energy or carbon reduction.


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亚洲网紅露点 History and Origins

Origin of green bank1

First recorded in 1990鈥95, for an earlier sense; 2005鈥10, for the current sense
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Example Sentences

Examples have not been reviewed.

The awards came from the Solar for All program, part of the $27 billion 鈥済reen bank鈥 created as part of a sweeping climate law passed in 2022.

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The taxpayer-funded green bank has faced Republican opposition and concerns over accountability for how the money gets used.

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At the state level, Connecticut鈥檚 Green Bank and others have been successful in tracking the impact of their programs.

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But the taxpayer-funded green bank has also faced opposition, notably from Republicans in Congress, who have called it a 鈥渟lush fund鈥 and voiced concern over accountability and transparency on how the money is used.

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Recipients were awarded competitive grants from two of the three programs overseen by the 鈥済reen bank鈥 created in the Biden administration鈥檚 landmark climate law, the Inflation Reduction Act, passed in 2022.

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