STAND. CON. REP. NO.
Honolulu, Hawaii
APR11 ,2025
RE: S.C.R. No. 110
S.D. 1
Honorable Nadine K. Nakamura
Speaker, House of Representatives
Thirty—Third State Legislature
Regular Session of 2025
State of Hawaii
Madame:
Your Committee on Energy & Environmental Protection, to which
was referred S.C.R. No. 110, S.D. 1, entitled:
“SENATE CONCURRENT RESOLUTION REQUESTING THE HAWAII STATE
ENERGY OFFICE TO CONDUCT A STUDY EVALUATING THE FEASIBILITY
OF ESTABLISHING A GREEN BONDS PROGRAM IN THE STATE,”
begs leave to report as follows:
The purpose of this measure is to request the Hawaii State
Energy Office to conduct a study evaluating the feasibility of
establishing a green bonds program in the State.
Your Committee received testimony in support of this measure
from Coalition Earth and one individual. Your Committee received
comments on this measure from the Hawaii State Energy Office.
Your Committee finds that there is a need for additional
public resources and funding for efforts to address climate change
in the State. Your Committee further finds that other states have
begun to explore the use of green bonds as a mechanism for
financing projects related to renewable energy, energy efficiency,
clean transportation, and other climate—related initiatives. This
measure encourages the evaluation of a green bonds program in the
State.
2025—3182 SCR11O 501 HSCR HMSO
 STAND. COM. REP. NO.
Page 2
As affirmed by the record of votes of the members of your
Committee on Energy & Environmental Protection that is attached to
this report, your Committee concurs with the intent and purpose of
S.C.R. No. 110, S.D. 1, and recommends that it be referred to your
Committee on Finance.
Respectfully submitted on
behalf of the members of the
Committee on Energy &
Environmental Protection,
NICOLE LOWEN, Chair
2025—3182 SCR11O SD1 HSCR HMSO
 State of Hawaii
House of Representatives ~ ~
The Thirty-third Legislature
Record of Votes of the Committee on Energy & Environmental Protection
Bill/Resolution No.: Committee Referral: Date: ~ (~‘~ 1’2~S
~
D The committee is reconsidering its previous decision on the measure.
The recommendation is to: Pass, unamended (as is) 0 Pass, with amendments (HD) 0 Hold
0 Pass short form bill with RD to recommit for future public hearing (recommit)
EEP Members Ayes Ayes (WR) Nays Excused
1. LOWEN, Nicole E. (C)
2. PERRUSO, Amy A. (VC)
3. KAHALOA, Kirstin
4. KUSCH, Matthias
5. QUINLAN, Sean
TOTAL
The recommendation is: ,~d~dopted ~l Not Adopted
If joint referral, did not support recommendation.
committee acronym(s)
Vice Chair’s or designee’s signature:
Distribution: Original (White) — Committee Duplicate (Yellow) Chief Clerk’s Office Duplicate (Pink) HMSO