in News Departments > Policy Watch
print the content item

Gov. Ted Kulongoski, D-Ore., has issued a possible intent to veto relating to a pair of state House bills, which, if passed, would be detrimental to Oregon's renewable energy efforts.

H.B.2472, known as the Business Energy Tax Credit (BETC), ensures that Oregon will continue to grow its renewable energy business sector. A rollback in these tax credits, wind proponents argue, would hurt Oregon's development efforts. BETC is credited for providing the catalyst for Oregon wind over the last decade.

The governor is also considering a veto of H.B.2940 because of concerns over undercutting the original intent of Oregon's renewable portfolio standard of 25% by 2025 and the impact on the development of new renewable energy projects.

This notice does not necessarily mean that the governor will veto the bills. According to a spokesperson for the governor, the intent-to-veto filing gives Kulongoski until Aug. 10 to formally act on the bills. The spokesperson also commented that the governor, long a renewable energy advocate, indicated that a veto of both House bills is likely.

SOURCE: Office of Gov. Ted Kulongoski


Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Hybrid Energy Innovations 2015
BG 2015DblBox_id2032
Renewable NRG_id1934