Energy Fund Raids Have Stopped, But Industry Says The Damage Has Been Done

by Christine Stuart, CT News Junkie, July 30, 2019

The General Assembly adjourned this year without restoring $67.5 million to clean energy funds that had been swept as part of the budget in 2017.

The $67.5 million was part of a larger $145 million in energy fund sweeps the General Assembly approved under former Gov. Dannel P. Malloy to close a budget deficit.

Environmentalists and energy-efficiency businesses pointed out that the legislature and Gov. Ned Lamont could have used the budget surplus to restore some of the funds, but they decided against it and failed to restore them before the session adjourned June 5.

Hartford Mayor Luke Bronin said Monday that he doesn’t know how to measure how much more progress his city could have made in improving its rankings on a clean energy scorecard if those funds had been available.

For more on this story, visit: Energy Fund Raids Have Stopped, But Industry Says The Damage Has Been Done | CT News Junkie

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.