Portland City Council approves $750M clean energy fund
Published: Sep. 27, 2023 at 7:17 PM PDT
PORTLAND Ore. (KPTV) - The Portland City Council unanimously approved the Portland Clean Energy Community Benefits Fund on Wednesday evening.
The fund would invest more than $750 million in programs to help reach the city’s goal of net-zero carbon emissions by 2050.
See Also: City of Portland presents $750M climate investment plan
The plan also outlines community-led clean energy projects, as well as climate solutions for the next five years.
The fund’s initiative was passed by Portland voters in November 2018 and was the first climate-fund created and lead by local communities.
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