Portland clean energy fund’s staggering windfall spurs money grab, threatens climate justice ambitions - OregonLive
Portland clean energy fund’s staggering windfall spurs money grab, threatens climate justice ambitions - oregonlive.com
Pressure has mounted for months on Portland’s one-of-a-kind climate justice fund as its revenue projections ballooned well beyond the most optimistic forecasts.
Now the juggernaut initiative is at risk of becoming a victim of its own financial success.
Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.