As a fellow at the Roosevelt Institute, Bracken Hendricks is focused on strategies to promote clean energy deployment, community reinvestment, and high-quality union job creation, through fiscal stimulus; clean energy project finance; affordable housing and infrastructure investment; environmental justice; electricity market regulation; urban and industrial policy; regional economic development; workforce training; and strong safety nets to provide economic security for industries and workers in transition. Trained as an urban planner, Hendricks has decades of experience in federal, state, and local policy development and implementation, and in successfully guiding community-based clean energy infrastructure investments that advance social justice, environmental sustainability, and local job creation. With the Roosevelt Institute, Hendricks is developing detailed policy proposals in key economic sectors from retrofitting buildings for energy efficiency and construction job creation, to developing Green Banking and Public Interest Banking institutions, to advancing a federal Clean Energy Standards that achieves 100 percent carbon-free electricity by 2035, to articulating federal strategies to implement Equity Screens and targeted investment in frontline communities, to deployment of federal credit authorities to fund rapid deployment of low-carbon infrastructure that rebuilds communities. In addition to providing policy expertise, Hendricks also supports broader coalition-building and public education efforts, and communications and narrative work that advances these strategies within the wider national debate.
Prior to joining Roosevelt, Hendricks served as Senior Climate and Economic Policy Advisor to the presidential campaign of Washington State Governor Jay Inslee, and as Co-Founder and Senior Advisor of the nonprofit Evergreen Action. Together with Governor Inslee, he is also co-author of the book Apollo’s Fire: Igniting America’s Clean Energy Economy (Island Press, 2008). Hendricks also served as a long-time advisor to former President Bill Clinton and the Clinton Global Initiative on job creation, clean energy innovation, resilient urban infrastructure, and capital market strategy. As a Senior Fellow with the Center for American Progress, he helped launch their energy practice and was a key architect of clean energy portions of the American Recovery and Reinvestment Act (ARRA), as well as establishing the US Department of Energy’s Better Buildings Challenge, and numerous other pieces of federal, state, and local climate and clean energy legislation. He has also served as a member of the utility industry’s Electric Policy Research Institute (EPRI) advisory board. And, early in his career, he was founding Executive Director of the Apollo Alliance (now within the Blue Green Alliance), a pioneering alliance of US labor unions and environmental organizations advancing good jobs in clean energy transition.
Hendricks also has deep expertise working at the interface of applied clean energy markets, financing, and deployment for low-carbon and resilient urban infrastructure. As CEO and co-founder of the mission-driven enterprise Urban Ingenuity, Hendricks has structured over $150 million in clean energy project financings, funding community solar projects for affordable housing, energy efficiency retrofits of nonprofit and faith-based institutions, resilient micro-grids for educational institutions and local government, and other clean energy community development projects. In this role, he has also advised the development of state and local Green Banks, supported state and local utility regulation, provided technical assistance to HUD and DOE National Labs, and overseen one of the nation’s leading Commercial Property Assessed Clean Energy (C-PACE) financing programs – a $250 million bonding authority for the government of the District of Columbia. He holds a master’s degree in public policy and urban planning from the Harvard Kennedy School of Government, and divides his time between Washington, DC, and New York City.