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Posted inCT Viewpoints

Raiding clean energy programs will cost, not save, Connecticut money

Budget crises require tough, but necessary choices. They do not require self-inflicted wounds. Raiding $22 million from clean energy and efficiency programs funded by proceeds from the Regional Greenhouse Gas Initiative, as the proposed budget from the Finance, Revenue and Bonding Committee does, is a self-inflicted wound.

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.