Prior to the public banking conference, Banking on Colorado: Bringing Our Money Home in Denver on January 31st, Gwen Hallsmith, the Executive Director of the Public Banking Institute, will present how public banking could play a role in financing a municipal electric utility and how Boulder can use public banking to enhance community wealth, resiliency, entrepreneurial participation and economic vitality.
She will discuss the main advantage of public banking: lower-cost financing which enables states, counties and cities to better fund small business, infrastructure and projects such as affordable housing, libraries, farm-to-table agriculture, renewable energy, energy efficiency and public transportation. Each of these projects creates good local jobs. In these ways, public banks enable cities, counties, and states to better finance public priorities without relying on Wall Street or paying the high interest rates that pad big bank profits.
This presentation is part of Clean Energy Action’s Global Warming Solutions Speaker Series. Audience participation will be invited during discussion and Q&A. No RSVP required.