Page 3 - Cycle Fund News Today

A new report has called for a shake-up of the criminal justice system to reduce the rate of re-offending. It says jail isn't working, and more community-based support services are needed.

In the waning days of the legislative session in Sacramento, climate change groups are promoting two bills which would smooth the way for offshore wind energy. Assembly Bill 3 would require the state to study improvements to port infrastructure to move power into the grid. And Assembly Bill 80 would research effects on the ocean ecosystem. ...

Several environmental groups have filed a lawsuit to keep Virginia in the Regional Greenhouse Gas Initiative. In June, Virginias Air Pollution Control Board voted to remove the state from the initiative, for which Gov. Glenn Youngkin and Republicans in the General Assembly have striven. ...

Nebraskans may not have needed as much air conditioning this summer as have people in the Southwest, but so far 2023 is tied for the most 100-degree days in the past 10 years. It means more A-C use and higher utility costs for many. As of May, nearly 20 million Americans were behind on their utility bills. ...

The Biden Administrations Inflation Reduction Act turns one year old today, directing $370 billion to clean energy efforts through tax incentives, grants, and loan guarantees. The public money has in turn spurred private investment to decarbonize the economy. Stephan Nicoleau, an investor in the Full Cycle Fund, which finances climate critical technologies, talked about the ripple effect of the funding. ...