Cuomo 'Green Bank' Set To Open With $210M In 2014

Law360, New York (December 20, 2013, 2:34 PM EST) -- New York regulators on Thursday approved a funding plan for Gov. Andrew Cuomo's green bank — designed to eliminate market-based barriers that block renewable energy generation and efficiency projects — that will see $210 million in state money seed what officials hope will be four times that in private financial backing. 

The money, which will flow from various buckets under the control of the New York State Energy Research and Development Authority — and from $44.7 million in proceeds from the U.S. Northeast's Regional Greenhouse Gas...
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