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Gov. Chet Culver, D-Iowa, recently signed the Power Fund Policy Bill (HF 918), which will invest in research and development of renewable energy technologies.

According to the governor's office, HF 918 will establish an Office of Energy Independence that will coordinate existing and Federal energy policy programs and pursue new research investment funds from both public and private sources. The bill will also develop an Iowa Energy Independence plan, which will provide options and strategies for reducing the state's consumption of energy, dependence on foreign sources of energy, use of fossil fuels and greenhouse emissions.

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