President Obama thinks we need to take serious action on climate change, something that was on full display in his proposed $3.99 trillion budget for 2016. The president calls for an extension of the wind power Production Tax Credit, or PTC, and the solar energy Investment Tax Credit, or ITC, until, well, forever.
New York – Citi announced today a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and communities.
The Mayors Challenge is an ideas competition that encourages cities to generate innovative ideas that solve major challenges and improve city life – and that have the potential to spread to other cities. It is also a chance for cities to win funding for a bold new solution.