Posted inEnergy & Environment, Politics

All’s well that ends well in energy — maybe

The Clean Energy Finance and Investment Authority — the state’s first-in-the-nation green bank –- could wind up getting back all of the $30.4 million commandeered for general revenue. And all $5 million from the Regional Greenhouse Gas Initiative that was to be diverted to general revenue from energy efficiency programs is once again destined for energy efficiency.

Posted inEnergy & Environment

Budget cuts to green bank irk enviros and concern solar industry

It took a day or so for the smoke to clear on the House version of the budget -– and once it did, the energy and environment community was aghast. Funding for the Clean Energy Finance and Investment Authority –- the state’s first-in-the-nation green bank — had been commandeered for general revenue. More than 20 percent was redirected in fiscal year 2014, and nearly all of it the following year.