World

Portland Raises Billion for Climate Fund

Updated 2026-05-20 14:20 UTC 1 source Positive

The city of Portland has raised a billion dollars through a retail tax on large corporations to fund climate change initiatives. This innovative approach is being considered by other cities as well.

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NPR
The Portland Clean Energy Fund has raised a billion dollars for climate change action via a retail tax on large corporations in the city. Other cities are starting to shape similar funds.
2026-05-20 14:00 UTC
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