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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.