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- Claim Text
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Green banks are typically funded with government resources at first, which can “effectively create the market,” meaning the government funding is used for an initial round of loans, Kenneth Gillingham, economics professor at Yale University, said.
- Simplified Text
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Green banks are funded with government resources at first government funding is used for initial loans Kenneth Gillingham said
- Confidence Score
- 1.000
- Claim Maker
- Kenneth Gillingham
- Context Type
- News Article
- Context Details
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{ "person": "Kenneth Gillingham", "organization": "Yale University" } - Subject Tags
- UUID
- 9fc895db-abaf-4aea-8e25-a7135b679253
- Vector Index
- ✗ No vector
- Created
- September 2, 2025 at 6:42 PM (6 days ago)
- Last Updated
- September 2, 2025 at 6:42 PM (6 days ago)
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6 days ago
https://www.nytimes.com/2025/09/02/climate/climate-grants-frozen.html?campaign_id=60&emc=edit_na_20250902&instance_id=161747&nl=breaking-news®i_id=122976029&segment_id=205119&user_id=b25c5730c89e0c73f75709d8f1254337
An appeals court ruled against nonprofits seeking $16 billion in frozen climate grants, upholding the Trump administration's actions. The court lacked jurisdiction, deeming the government's actions legal. The nonprofits plan to continue their legal fight.
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