A $156 million grant to Capital Good Fund will allow us to reach 15,000+ low-income Georgia households with solar energy, creating tremendous bills savings, emissions reductions, and job opportunities.
When the Inflation Reduction Act (“IRA”) passed, it was like Christmas morning for those of us concerned about the climate crisis: we spent the coming weeks scouring the bill, finding new “gifts” like $27 billion to establish a national green bank…
By forming OpenAI as a nonprofit, the founders–which included Elon Musk and Reid Hoffman, co-founder of LinkedIn–hoped to avoid what happens to nearly all venture-backed companies: the insatiable profit motive soon overwhelms any stated concerns for social good.
One could be forgiven for thinking that, with passage of the Inflation Reduction Act, America is all set to reduce emissions and create a bevy of green jobs. In many ways, of course, we are: Climate Power, for instance, has […]
When Capital Good Fund launched the DoubleGreen Solar loan, in Fall 2021, the Federal Funds Rate (FFR) was near-zero, and we priced the product accordingly: by charging borrowers an APR of 3.099% – 4.99%, we could provide a return of […]
In 2008 I was a graduate student with almost no understanding of the financial system–I couldn’t even explain the difference between an interest rate and an APR!–working to launch what would become Capital Good Fund: a nonprofit lender. One day […]
The Inflation Reduction Act (“IRA”) is one of those once-in-a-lifetime, transformational pieces of legislation that’s so far-reaching and chock-full of potential, it’s hard to wrap one’s mind around it. Indeed, when it passed in August the mood in the climate […]
When we think of building a clean future, the tools that come to mind are technologies like wind turbines, solar panels, electric vehicles, and heat pumps. And all of these are essential, to be sure. But there is a tool […]
I’ve written that everything is an everything story, by which I mean that, in a global economy that is hyper-connected–physically, via supply chains, and digitally, via the Internet–it is difficult to separate one issue from another. For instance, climate change […]
For most of us, when faced with a law or policy we don’t like, our options are to comply with it, or, failing to do so, risk fines, imprisonment, job-loss, and ostracism. But for the powerful, it’s very different: they can comply, sure, but they can also lobby to change the rules, bend them, or simply ignore them–and rarely face consequences.