Credit Unions Are Taking The Lead To Un-Redline The Green New Deal
Terri Mickelsen and about 7,500 of her friends aren’t waiting to jump into the green revolution. They’re members of Clean Energy Credit Union, where Mickelsen is CEO, and since 2017 they’ve already invested around $200 million in clean energy or other green loans for member households across the country, offsetting an estimated 700,000 tons of annual carbon dioxide emissions so far — equivalent to taking 152,000 gas-powered vehicles off the road permanently. Every month, they make another $6-8 million in green loans.
“I am kind of a credit union nerd who got together with some clean energy nerds as we were chartering a new credit union,” says Mickelsen.