Richard Kauffman

Israeli Stock Market Reacts To News Of Ariel Sharon's Health

Last week, the 2nd New York Energy Week (NYEW) concluded. At its closing ceremony, the esteemed Richard Kauffman, Chairman of Energy and Finance for New York State, Office of the Governor of New York, offered his thinking on a new energy system. There is no better person to explain the thinking behind the policy than… Keep reading →

Senate Foreign Relations Committee Holds Hearing On Strategy Against The Lord's Resistance Army

Louisiana Democrat Mary Landrieu took over as head of the influential Senate Energy Committee yesterday, as outgoing Chairman Ron Wyden took the lead role at the Senate Finance Committee, which was vacated when Max Baucus was confirmed ambassador to China. “Landrieu confirmed that her signature bill to expand the amount of federal offshore oil-and-gas royalty… Keep reading →

Obama Nominates New Energy Secretary, New EPA Administrator

The US federal government has long had a hand in guiding development of the country’s energy sector. In some cases, such as the Department of Energy’s role in the early stages of research and development that helped usher in the shale boom, this has been hailed as a success. In others, such as the highly-publicized… Keep reading →

The sun sets along 34th Street, aligning

New York Energy Week kicks off today with the Solar Financing Market Perspectives breakfast at 8:00am (see Energy Solutions Forum’s solar policy primer here). The opening ceremony at 5:30pm features New York State Governor’s Office Chairman of Energy & Finance, Richard Kauffman; Kenneth Daly, President of National Grid New York; Francis J. Murray, Jr, President… Keep reading →

Final Section Of One World Trade Center's Spire Installed

In case you missed them, here are some of the highlights from Breaking Energy over the past week. All eyes on New York Energy Week! Breaking Energy spoke with Advent Integrated’s Adam Smith about a revamp of the stuffy old energy conference model and with New York Energy Czar Richard Kauffman about the city’s billion dollar… Keep reading →

Bloomberg Outlines Plans For Improving The City's Ability To Handle Large Destructive Storms

New York State’s energy czar Richard Kauffman has a broad remit, from building a billion dollar “Green Bank” to remaking shamed utility LIPA, and he’s hit the ground running after taking the job 5 months ago. “The Governor [Cuomo] announced a billion dollar green bank, so we’re doing the work to set up that entity,”… Keep reading →

Richard Kauffman had a rapt audience at the AGRION Energy and Sustainability Summit in New York City as he opened the event with a largely off-the-cuff speech. He is a man known in the industry for handing out (and making) serious sums of money in energy, and has just been handed one of the highest profile, but least understood, new positions in the New York state government. Keep reading →


In his 2013 State of the State Address, New York Governor Andrew M. Cuomo proposed a $1 billion “Green Bank” to draw in private sector money and spark investment in clean energy projects. The Governor also named a “Cabinet-Level Energy Czar” to advance his clean tech strategies. The announcements are a step forward to promote renewable energy development and boost New York’s clean energy economy.

Governor Cuomo, at his 2013 State of the State address on January 9, 2013, announced innovative proposals to continue clean energy economy advancement. Central to his strategy is a $1 billion Green Bank, a fund that will draw in private sector money to match public funds and spur investment in clean energy technologies. The goal is to provide low-cost and low-risk financing for renewable projects and energy efficiency programs. Part of the funds from Energy Efficiency Portfolio, Renewable Portfolio Standards, and System Benefit Charge will fund the Bank and attract private investment. Governor Cuomo also named Richard Kauffman, Senior Advisor to Energy Secretary Steven Chu, as “Cabinet-Level Energy Czar.” Kauffman will oversee the Green Bank and head the new sub-cabinet formed to oversee clean energy policy and funding. Keep reading →