Behind the Climate-bond Curtain
Written By Alejandra Cruz
Source: Politico | By Alex Nieves
COMMUNITY SOLAR: The California Public Utilities Commission today stamped out the hopes of energy developers who had been pushing for the regulator to change its mind about community solar. In a 3-1 vote, the CPUC adopted a plan developed by one of its agency judges to try to spur development of small-scale solar projects that renters and other electricity customers can subscribe to, buying credits that reduce their electricity bills.
It wasn’t a surprise, since the CPUC published its preferred plan in March. But developers — backed by some environmental groups including Environment California and consumer group The Utility Reform Network — had held out hope for a change.
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