A Playbook for Progress
America can be a great democracy – one that works for everyone, not just the powerful and connected. But to get there, we need a playbook that confronts the forces that have rigged our laws and our economy against average citizens and imagines a future in which all of us have a fair shot at the American Dream. The Great Democracy Initiative will offer policy solutions that can make that future a reality.
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This paper argues that a sustainable shift to green energy requires a significant reallocation of capital from fossil fuels to green energy and that the Dodd-Frank Act provides the regulatory tools to require financial institutions to internalize the financial risks associated with lending and investments that drive climate change.More