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Committee blocks proposal for Renewable Energy Trust transfer

A senate committee blocked a proposal by House Speaker Sal DiMasi to move the Renewable Energy Trust from the control of the Massachusetts Technology Collaborative. In an energy reform bill filed by DiMasi earlier this year, the trust was put under the Executive Office of Energy and Environmental Affairs.. ..."We didn't want to blow them up. We did think there should be better collaboration between them and the administration," Panagiotakos said. "The administration will be able to advise and have consent over a small portion of funds."

A senate committee blocked a proposal by House Speaker Sal DiMasi to move the Renewable Energy Trust from the control of the Massachusetts Technology Collaborative.

In an energy reform bill filed by DiMasi earlier this year, the trust was put under the Executive Office of Energy and Environmental Affairs.

Senate Ways and Means Chairman Steve Panagiotakos said the move was to maintain the quasi-public collaborative.

"We didn't want to blow them up. We did think there should be better collaboration between them and the administration," Panagiotakos said. "The administration will be able to advise and have consent over a small portion of funds."

The trust takes in about $25 million a year generated by a small tax on consumers and electric bills to fund renewable-energy projects throughout the state, including wind turbines, solar panels, energy-efficient schools and public-awareness campaigns.

The bill is expected to come out of the Senate Ways and Means committee once legislators return for formal session Jan. 2

A senate committee blocked a proposal by House Speaker Sal DiMasi to move the Renewable Energy Trust from the control of the Massachusetts Technology Collaborative.

In an energy reform bill filed by DiMasi earlier this year, the trust was put under the Executive Office of Energy and Environmental Affairs.

Senate Ways and Means Chairman Steve Panagiotakos said the move was to maintain the quasi-public collaborative.

"We didn't want to blow them up. We did think there should be better collaboration between them and the administration," Panagiotakos said. "The administration will be able to advise and have consent over a small portion of funds."

The trust takes in about $25 million a year generated by a small tax on consumers and electric bills to fund renewable-energy projects throughout the state, including wind turbines, solar panels, energy-efficient schools and public-awareness campaigns.

The bill is expected to come out of the Senate Ways and Means committee once legislators return for formal session Jan. 2

 


Source: http://www.sentinelandenter...

JAN 5 2008
https://www.windaction.org/posts/12640-committee-blocks-proposal-for-renewable-energy-trust-transfer
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