{"database": "press", "table": "releases", "rows": [["https://axne.house.gov/media/press-releases/axne-introduces-legislation-fund-clean-energy-construction", "Axne Introduces Legislation to Fund Clean Energy Construction", "2019-12-12", "2019", "2019-12", "Democrat", "House", "IA", "Cynthia Axne", "A000378", "axne.house.gov", null, null, "legacy", "WASHINGTON, DC Today, Rep. Cindy Axne joined Reps. Debbie Dingell (MI-12), Lisa Blunt Rochester (DE-AL), and Paul Tonko (NY-20), chair of the Environment and Climate Change subcommittee, in introducing the National Climate Bank Act, legislation that creates a federal bank to invest in clean energy and emissions reduction projects. \nThe National Climate Bank will use $35 billion of public capital to support up to $1 trillion of private investment in renewable energy generation and projects to improve energy efficiency across the economy.\n\"While serving at the Iowa statehouse, I worked under both Republican and Democratic governors to make Iowa a leader in wind energy,\" said Rep. Cindy Axne. \"This not only gave Iowans cleaner, cheaper electricity, it also created thousands of jobs. Creating a National Climate Bank will spur investment in clean energy projects nationwide. Leveraging federal investment to partner with the private sector is an essential step in dealing with climate change, and will help make America a leader in green technology and infrastructure.\"\nThe National Climate Bank would combat climate change by mobilizing private capital to increase access to clean energy and upgrade our existing energy infrastructure tomake the United States a world leader. The National Climate Bank will provide capital to encourage investment in a wide range of sectors, including renewables, storage, transportation, transmission, resiliency, efficiency, reforestation, agriculture, and industrial de-carbonization. The Bank will also explore new and innovative approaches to reduce emissions, in addition to funding state and local green banks. These banks have had success in supporting both large projects like utility-scale wind and solar farms and small scale upgrades like household solar and wind generation.\nA Senate version of the bill was introduced by Senators Ed Markey (D-MA), Chris Van Hollen (D-MD), Brian Schatz (D-HI), and Richard Blumenthal (D-CT). Similar legislation, the Green Bank Act of 2019, was introduces by Senator Chris Murphy (D-CT) and Representative Jim Himes (D-CT).\n\"In recent years, state and city level climate banks have proven financially self-sustaining and successful in spurring new private investment in renewable energy and energy efficient buildings. These technologies create quality jobs, reduce carbon, air and water pollution and create savings for families and businesses Now, state and local climate banks are leading the way in investing in mobility as well as in adaptation and resilience to speed our recovery when disaster strikes. The National Climate Bank Act will ensure that the entire country can make these critical investments, which include driving the necessary investment in communities affected by loss of fossil-fuel related businesses,\"said Doug Sims, Director, Green Finance Center, the Natural Resources Defense Council. \nTo properly tackle climate change an aggressive agenda is required that addresses all fronts of the crisis. To get to a fully clean economy, we need comprehensive efforts to spur innovation in the economy, technology, and society. Establishing a National Climate Bank will serve as an important implementation tool to achieve this goal by publicly financing and stimulating private investments in clean, renewable energy projects, clean transportation, and support communities most effected by climate change,said Rep. Debbie Dingell.\nA summary of the National Climate Bank Act is availablehere, and the full bill text is availablehere.", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://axne.house.gov/media/press-releases/axne-introduces-legislation-fund-clean-energy-construction"], "units": {}, "query_ms": 0.9046720806509256, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}