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Clean Tech: Paulson and Lugar Support Clean Tech Fund
Posted on July 14, 2008
Senator Richard G. Lugar, a Republican from Indiana and Treasury Secretary Henry M. Paulson Jr (left) have come out in support of the Clean Technology Fund (CTF), which was proposed by President Bush last September.In an opinion piece in The Washington Post, Paulson and Lugar announce their support, claiming the CTF will stimulate private-sector investment in existing clean technologies and speed the deployment of emerging technologies once they are market-ready. Using a mix of loans, grants, equity investment and credit guarantees to finance this incremental cost, the CTF will help make the...
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